True legacy is about making a difference in the lives of others and setting an example that inspires the next generation.

Will is a document that allows your chosen heir to receive your legacies while avoiding disputes and court cases. However, there are some situations when you may want to change your will or cancel it.

Naming a nominee is crucial as life is uncertain, and it gives you a certain degree of guarantee that your family or the people you care about will be taken care of financially.

Max Life Insurance launched a new guaranteed pension plan for retirement planning with the option for policyholders to customise the product according to their needs.

Inflation is the rate of increase in the prices of commodities over a period. If you ignore inflation, which continuously diminishes the value of money, you may erode your entire wealth

Elderly parents can avail of legal provisions under the Maintenance and Welfare of Parents and Senior Citizens Act, 2007, to protect them from situations like property grabbing and abandonment by children

A good plan will have a judicious mix of instruments, ensuring that while liquidity is available at the right time, the money grows to maintain its purchasing power, but the wealth is also safe

People can go a long way in retirement planning if they consider it a roadmap towards financial freedom or a happy outcome at the end of their long, gruelling working life

Growth in wealth is essential not only for the young and those in their middle ages, but also for the retirees. It becomes more important for them, because there are fewer avenues to increase their wealth, and they also need to outpace the impact of inflation

The financial journey is dynamic. With the passage of time, you may witness several changes in your family set-up, income, expenses, wealth and financial goals. You must ensure that appropriate estate planning is in sync with your changing financial journey to protect the interest of your loved ones