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LEGAL HEIRS
On ESOP value over US$ 60,000 US estate tax up to 40% can be levied after death of even a non-US resident; Here’s how to manage its impact on legal heirsIndian professionals holding US ESOPs and RSUs face a significant risk of up to 40% US estate tax on assets exceeding $60,000 after their d...- Britain's King Charles to reveal personal tax bill: PalaceCharles began releasing his personal tax information when he was heir to the throne, but will become the first monarch to disclose it. "The...
- Sebi board meeting: Open market buyback is back and intraday borrowing for MFs; 5 key decisions investors should knowSebi approved a series of reforms to improve market efficiency and investor protection. Key changes include the return of exchange-based bu...
- Son emerges after father’s death, secures house keys, step uncle challenges it and prevails; HC says only civil court can decide property rightsA property dispute between a deceased man's son and his stepbrother has reached the Calcutta High Court. The court has ruled that only a ci...
- Will Rs 32 lakh EPF corpus withdrawal be tax-free? Are there better options than withdrawing?ET Wealth Reader's Query: I contributed to EPF until 2021 while working at an MNC. Since moving to a startup in 2022 that doesn’t offer PF,...
- From reducing stock, MF holdings to evaluating your assets: Use this 8-point checklist to simplify finances after retirementYou may not need a long list of investments. Close bank and investment accounts that you no longer need. Reduce your stock and mutual fund ...
- Daughter becomes co-owner of family property via oral arrangement; she files tenant eviction case and wins in Supreme CourtA daughter, a co-owner of family property through an oral arrangement, has won a tenant eviction case in the Supreme Court. The court ruled...
- Rs 7 lakh life insurance cover at zero premium, which very few EPF members are aware of; check how to claim when neededEmployees' Provident Fund contributions offer a life insurance cover of up to Rs 7 lakh through the EDLI scheme, at no extra premium. This ...
- How to dematerialise and transfer physical share certificates to legal heirs?ET Wealth Reader's Query: I recently found several bonds and share certificates in physical form belonging to my late father. How can I get...
- Landlord filed case to evict tenant but tenant bought 50% share from co-owner mid-dispute and filed partition of property case: HC gives no relief to landlord on eviction caseA tenant facing eviction for unauthorized construction and rent default became a co-owner mid-dispute. He purchased a 50% share of the prop...
- The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
- Don’t leave your Will at home: UK government offers official Will storage service for a small feeSafeguard your Will with the UK government's HMCTS storage service. This official facility offers secure safekeeping for a nominal fee, pre...
- Can Trinamool Congress survive itself? Mamata Banerjee's party faces its biggest crisis in 28-year existenceThe Trinamool Congress faces an unprecedented challenge. Mamata Banerjee's absolute authority is questioned after losing power in West Beng...
- Rs 1 lakh investment in NSC: What will be maturity value after 5 years?National Savings Certificate provides a secure investment option. With a 7.7% interest rate, a Rs 1 lakh investment grows to over Rs 1.44 l...
- Coping with a parent’s loss: A 7-step financial checklist every family should follow
- Trump picks inexperienced ally Bill Pulte to replace Tulsi Gabbard as top US intelligence officalPresident Donald Trump has appointed Bill Pulte, a loyalist housing official, as the new head of US intelligence. Pulte, who lacks national...
- Inherited property through a Will? These 8 legal facts could save you from costly mistakes
- Selling property in England after the owner's death? Legal heirs may need Probate of Will or Letters of Administration firstLegal heirs in England and Wales require a Grant of Probate or Letters of Administration to sell property and manage a deceased person's es...
- Inherited property via Will? Do you need mutation in your name - here’s what law saysInheriting property via Will? While mutation records update who pays taxes, they don't transfer ownership. Courts permit mutation for heirs...
- Banks seek RBI guidance as multiple nominations create claim settlement hurdlesBanks are facing difficulties settling claims when multiple people are nominated on accounts. This is causing operational problems for fina...
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