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INHERITANCE
In 1979, John Lennon left his $800 million estate to second wife, Yoko Ono, and his younger son, Sean, leaving out oder son, Julian. He refused to ‘let it be’ and fought for 16 years and in 1996, obtained a share of the fortune. 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 ...- Physical gold vs gold ETF: Which can be more tax-efficient for investors?During Diwali, many choose to invest in gold due to its cultural significance and potential financial returns. It's crucial to grasp the ta...
- Rutgers scientists changed one gene in tiny worms to test a human kidney disease clue; the altered nerve protein fell to 15% of normal and missed its targetResearchers at Rutgers University have delved into the genetics of kidney disease by studying the miniature roundworm C. elegans. By manipu...
- 'Legacy is a balance': Jaipur's Maharaja Sawai Padmanabh Singh on royal heritage, natural diamonds and evolving traditionsJaipur's titular Maharaja and professional polo player Sawai Padmanabh Singh, popularly known as Pacho, opens up about his royal heritage, ...
- Prolonged screen time may increase blood clot risk among young people, warn expertsExtended periods of sitting due to gaming and screen time can impede blood flow and increase the risk of DVT among young individuals. Medic...
- 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...
- Coast Guard chief stresses importance of human judgement amid rise of AI, emerging techIndian Coast Guard Director General Paramesh Sivamani has said artificial intelligence and emerging technologies can strengthen maritime se...
- 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...
- Why did Leona Helmsley leave $12 million to her dog Trouble but exclude two grandchildren? Here's what happened after her deathHelmsley owned a white Maltese dog named Trouble. She included provisions for trouble in her last will, dated July 15, 2005. She directed t...
- 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....
- Anthropic unveils additional Claude tools for lawyersThe new tools, which Anthropic calls artifacts, allow users to more easily create alternatives within Claude's traditional chatbot interfac...
- 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...
- Akash Ambani vows to take Jio to new heights after blockbuster IPOSpeaking at the listing ceremony, Ambani said the company aims to democratise technology with the potential to transform Indian lives over ...
- 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...
- In 1992, an Ohio teenage waitress inherited $500,000 from a man she reserved at a restaurant. She had one rule for spending her unexpected fortune.Cara Wood, a waitress from Chagrin Falls, inherited $500,000 from a regular customer named Bill Cruxton. After his passing, she faced legal...
- Property inheritance without a Will: When can a release deed be required in case of Intestate succession?In instances where an individual passes away without leaving a Will, it may be essential for legal heirs to execute a release deed to strea...
- Inherited gold jewellery: Keep it, sell it or exchange it? 5 things to check first
- United Airlines CEO Scott Kirby calls for inheritance taxes near 100% and a national wealth tax. What he wants the US to change and why it mattersScott Kirby, the CEO of United Airlines, has called for a nationwide wealth tax and higher inheritance taxes. He argues that wealth inequal...
- Your inherited home is not a money machine: What Indian heirs must know
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