Writing A Will? Consider This While Choosing An Executor
An executor plays a crucial role in a Will, so choose the person carefully to ensure fair execution of your wishes.
An executor plays a crucial role in a Will, so choose the person carefully to ensure fair execution of your wishes.
You can create a will to distribute the wealth you have accumulated during your lifetime after your death. What if you are single? Does a will still help? Yes, a will is highly recommended, even if you are single!
Estate planning helps you safeguard your assets; learn how trusts are used for different purposes in estate planning.
Succession and legal heir certificates are crucial documents for estate planning but have distinct purposes.
Estate planning is a comprehensive plan for distributing assets and liabilities during an individual’s lifetime or after death for the financial security of oneself and the family.
In legal parlance, a custodian does not own the assets but keeps the assets in his or her custody till the heir mentioned in the will or the eligible legal heir is identified for owning the asset.
You may think that your retirement corpus would be sufficient for meeting your retirement goals, but there’s a high chance that you may fall short if you can’t beat inflation by a good margin!
Estate planning is a critical aspect of an individual's life as it ensures fair distribution of their assets to the near and dear ones before the person bids farewell from the Earth.
If your children live abroad, you can shift with them, but you must first take care of your properties and belongings in the home country.
Sometimes, people are confused between nominees and legal heirs, and they have misconceptions that the nominee is someone who will inherit the investment after their death. However, the legal heir and nominee are separate entities in the eyes of the law.
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