2 Smart Moves That You Shouldn’t Ignore

1. Have A Succession Plan If you have worked hard to create wealth for your family, you wouldn’t want your assets to get locked in dispute and strife. That could well be the case though if you are not conscious about succession planning. As unpleasant as it might sound, the fact is that Indian courts are flooded with property disputes, often because the original owner died intestate i.e., without making a Will or a succession plan. Typically, if you die interstate, then your estate gets divided according to the applicable law. There are different succession laws for different groups in India. A Will or a proper succession plan will ensure that the assets you have accumulated get passed on smoothly to the person/s you intend should inherit it. Though even a Will can be contested in a court of law, but not having it is worse. Even if there is no strife or contestation, you...