Parents should ensure a water-tight gift deed to avoid complications when gifting properties.

Financial planners can be your aid if you don’t have sufficient knowledge in the market or in matters of tax, retirement and estate planning, which you will have to deal with at some point.

A will is one of the most solemn documents known to law. Only by making a will one can ensure devolution of estate as per his or her wish after death.

The Hindu Succession Act classifies heirs into two classes: Class 1 and Class 2, which are immediate and distant heirs, respectively. Without a will, each heir gets a share of the property.

Do your estate planning well in advance for a smooth transition of your legacy; here are some ways other than a will to pass on your inheritance.

You can ensure smooth transition of ownership and responsibilities and prevent disputes in the family by making a succession plan for your business.

People often confuse tax liability on the gold purchased from the market and inherited from the ancestor as the same, but that’s not true!

When a person dies without a Will, legal heirs must produce a legal heir certificate to settle insurance claims, bank accounts, etc.

Retirement planning is a continuous exercise that may include buying a house, insurance, investment, cash flow, etc. However, you must consciously avoid these three mistakes

Planning for inheritance is simple for married people. There is enough literature available to guide them on how to plan their inheritance. But the case is not so simple for single people.