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FAMILY BUSINESS INHERITANCE PLANNING
Indian parents getting US residency? 6 financial implications to consider before applyingInvestments in bank accounts, mutual funds, shares and other assets will have to be reviewed and modified. It is illegal under India’s FEMA...- Succession planning: When a family breaks up, how does the business survive?If the next generation wants to preserve the family business bot not necessarily together, here’s how they can execute the split without im...
- Success lesson from Jeff Bezos: He asked one question to himself before quitting daily job to build Amazon. What his 'regret minimisation framework' means?Jeff Bezos used his 'regret minimisation framework' to decide whether to leave his secure Wall Street job and start Amazon. By imagining hi...
- Anna Nicole Smith won $474 million in her fight over her billionaire husband's fortune, but the Supreme Court took it all away; what happened?After his death, Smith began a legal battle over his estate in Texas. She challenged the inheritance arrangements and argued that she was e...
- 'Ability, confidence, education, not minority identity': Family of Saba Haider on US poll victorySaba Haider, an Illinois House representative, secured a significant victory in the recent elections. Her family in Uttar Pradesh celebrate...
- Michael Jackson’s daughter Paris accuses estate executor of charging $9.4 million fee as she seeks $600 million be moved into family trustParis Jackson has filed a request for $600 million to be transferred into a family trust. She has allege that executor John Branca has mism...
- A Connecticut family donated nearly 100 acres of woodland in honour of two ancestors; the land became part of a 1,122-acre nature preserveIn a heartfelt tribute to their ancestors, the Pierson family from Connecticut has gifted nearly 100 acres of lush forest land, which is no...
- A Major Karmic Shift Is Coming: How Rahu-Ketu Transit in December 2026 Could Affect Your LifeRahu-Ketu Transit 2026 is approaching, bringing a significant astrological shift in December. On December 5, Rahu is expected to enter Capr...
- Gold jewellery at home: How much can you keep without fear of Income Tax seizure?People can legally own gold without a prescribed maximum quantity if they explain its source. The Income Tax Department has guidelines rega...
- In 1979, John Lennon left his $800 million estate to second wife, Yoko Ono, and his younger son. Elder son Julian refused to ‘let it be’ and fought for 16 years to get a share. How much did he inherit?After the death of his superstar father John Lennon, his eldest son Julian was left with nothing. He had to fight a gruelling legal battle ...
- Michael Douglas did not inherit his father's fortune. Why Kirk Douglas chose philanthropy over family inheritanceHollywood legend Kirk Douglas reportedly left $50 million of his estimated $61 million fortune to charity instead of passing it on to his s...
- What Michael Jackson’s will says about who inherits, and who doesn’tMichael Jackson passed away, leaving his estate primarily to benefit his mother, Katherine, and his three children. His father and siblings...
- Life insurance bought under MWP Act: Why it matters and how it can ensure greater protection for your familyCutting through money jargon, one topic at a time. This week, Preeti Kulkarni explains how the MWP Act can ensure greater protection for yo...
- TVS family succession dispute raises governance questions for listed companies, says InGovernA succession dispute concerning the Venu Srinivasan family has emerged, affecting both TVS Holdings and TVS Motor Company. The disagreement...
- Once father’s property is proved as joint property, married Hindu daughters can claim a right in it and demand partition, rules Karnataka High CourtBrothers resisted married sisters claim over late father’s properties; Karnataka HC rules in married sisters’ favour as properties are join...
- Suits & Sayings: Long WaitET’s roundup of the wackiest whispers in corporate corridors
- Is it time for India’s HNI’s and UHNIs to rethink their real estate portfolios?For generations, families have measured real estate wealth by the number of properties they own, not the returns those assets deliver. That...
- From inheritance to wealth stewardship: How Indian families can protect generational wealth and prevent family business conflictsAs Indian business families navigate the intricate landscape of wealth transfers, they confront significant hurdles in succession planning....
- Grandson got 3.11 bigha of Delhi land and other properties via Will, family members objected to this; HC grants probate of Will to grandson, know whyFollowing Smt Shanti Devi's passing in 2001, her grandson Gahlot faced challenges from relatives contesting her will, asserting it was frau...
- TVS Motor’s Venu Srinivasan and daughter Lakshmi file caveats against each other over inheritanceVenu Srinivasan and his daughter Lakshmi Venu have initiated caveats against each other regarding family business matters. The filings occu...
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