Kabir and Anaya, a working couple and an entrepreneur, want to distribute their assets to their children. But Kabir opted for a Will as a tool of Succession planning, and Anaya opted for a different method, a Gift deed. Both methods exist to help you pass on your assets; you need to choose your method […]
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Deciding between a will and a trust depends on your estate’s complexity, control preferences, and asset distribution goals. For instance, if Mr. Kumar has a straightforward estate with minimal assets and wants to ensure his car and savings are distributed to his children after his death, a will is a simpler and more suitable option. […]
I am 35 years old and married with 2 kids. I have investments in mutual funds and stocks. I mentioned nominees for both of my investments. Should I write a Will separately? I want my children to get the best education in a good school until they are 18, which cannot be compromised if I […]
