News
Estate planning: What is a settlement deed? Can it override a will? We explain
7+ hour, 38+ min ago (606+ words) Estate or succession planning is a necessary step to ensure future clarity for your family, even when you are no longer with them. Here, it is important to provide clear steps for your heir(s) when the legal document is executed....
Indian expats in Dubai: What happens if you don't have a will?
1+ week, 1+ day ago (345+ words) I am a non-Muslim Indian citizen residing in Dubai. Given the current geopolitical uncertainties, I would like to secure my estate through a Will. What happens if I don't have one, what is the process to create one, and what…...
Planning your will? Here's the difference between legal heir and nominee, and how estate planning can avoid complication
2+ week, 6+ day ago (406+ words) When it comes to estate planning or succession planning, ensuring clarity of word and intent in the legal document is key to ensuring that your heir(s) do not face any complications when it is executed. Today, we will discuss the…...
Why estate planning in India is never a one-size-fits-all
2+ week, 6+ day ago (481+ words) India is often described as a country that functions like a subcontinent. In estate planning, this description reflects a legal reality. Personal laws governing succession vary by religion. Marital statutes influence property rights. Geographic location can determine which civil code…...
Mandatory probate on Will removed. But it is still a smart move for inheritance
3+ mon, 3+ day ago (1146+ words) NEW DELHI: Parliament in December cleared the Repealing and Amending Act, 2025, which has removed a long-standing procedural hurdle in inheritance by deleting Section 213 of the Indian Succession Act, 1925. The change means that beneficiaries in Mumbai, Chennai, and Kolkata no longer…...
Mint Quick Edit | A colonial-era law on wills has finally been repealed: Good move
3+ mon, 3+ week ago (198+ words) Among the flurry of bills passed by India's Parliament during its Winter Session, one of them repealed 71 Acts in a single swoop, many cobwebbed and dusty, dating back to the British Raj. The aptly named Repealing and Amending Bill of…...
US estate tax: A hidden risk for Indian investors with US stocks or ESOPs
4+ mon, 3+ week ago (225+ words) Any form of US-listed stocks'either stock options or direct stocks'can create significant wealth, but they also carry the risk of US estate taxation When it comes to paying the estate tax, the process is handled by the estate itself, which…...
Should I make a Will in the city of my origin or where I have assets?
4+ mon, 3+ week ago (417+ words) I am a Hindu man who has been living in Bengaluru for the past five years. I am originally from Mumbai. I own a flat near Koramangala in Bengaluru, and I do not have any in Mumbai or elsewhere in…...
Estate planning: Can an unmarried woman pass on her wealth to a charitable trust?
5+ mon, 2+ day ago (485+ words) -Name witheld on request As per the information provided, we assume you are a Hindu and that the properties are entirely self-acquired, with no rights or interests held by any other person. Since you are unmarried and have no direct…...
Gifts, stocks, funds: Avoid costly tax traps
5+ mon, 1+ week ago (831+ words) This festive season, gifting is taking a smarter turn. From mutual funds to stocks and digital assets, gifts now come with compounding potential. But while gifting wealth-creating assets is thoughtful, and often tax-efficient in the long run, it's important to…...