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INHERITED WEALTH
Warren Buffett won’t leave his $100 billion fortune to his children, says "enough so that they can do anything, but not..."Warren Buffett, the legendary investor, is donating over 99% of his colossal fortune to charity, rejecting the idea of a family dynasty. He...
Think property makes you rich? These 5 facts tell a different storyAs per a 2017 RBI report, a typical middle-class Indian family puts 70-80% of its net worth into realty. No asset class would be considered...
PMS vs mutual funds: 5 reasons to invest, and 5 red flags to watchPortfolio Management Services (PMS) offer structural advantages over mutual funds, allowing for concentrated portfolios, significant cash h...
Chiron Enters Taurus (June 19, 2026): A Powerful Multi-Year Healing Cycle Begins for Your Self-WorthChiron enters Taurus on June 19, 2026, initiating a profound healing cycle focused on self-worth, money, and stability. This transit encour...
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 ...
Why Oliver Tree didn't want to leave any money to his family or future kids before dying in Brazil helicopter crashMonths before his tragic death, singer Oliver Tree revealed his unusual estate plan: no family inheritance. Instead, his fortune will fund ...
The next big money game is here. Everyone wants a seat at the tableIndia's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, there’s a surge in...
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...
Worried about future of your child with special needs? How making a trust can help your child when you are not aroundFor parents of children with special needs, a special needs trust offers a vital long-term plan for their child's care and financial securi...
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...
Elon Musk Net Worth: From $788,800,000,000 today to a possible $1,000,000,000,000 after SpaceX IPO— How much would each of his 14 children get?Elon Musk Net Worth June 2026: According to Forbes, Elon Musk’s fortune stood at approximately $788.8 billion on June 8, 2026. Some project...
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 ...
Quote of the Day by John Denver: ‘I got me a fine wife and I got me old fiddle...’ Why the richest life may not be the wealthiest, according to the country music legendQuote of the Day by John Denver from his song "Thank God I'm A Country Boy" offers a timeless perspective on life's true meaning. His lyric...
June Horoscope 2026: These 3 zodiac signs could see a major money breakthrough next weekThe June Horoscope suggests a promising stretch ahead for these three Zodiac Signs. Whether it comes in the form of a professional breakthr...
$35 million Newport beach mansion, near-zero declared income: How California techie supplied US equipment to Iran for over a decadeA dual Iranian-American tech executive, Jamshid Ghomi, was arrested at his $35 million mansion for allegedly running an illegal export oper...
Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
Planning early retirement at 50 with a Rs 12.5 crore corpus? Expert explains how to generate Rs 2 lakh monthly incomeAn investor planning early retirement at 50 with a Rs 12.5 crore corpus seeks expert advice on generating Rs 2 lakh monthly income. The exp...
How can I transfer or gift 800 grams of gold to my daughters?ET Wealth Reader's Query: I am a 50-year-old widower. My wife passed away a few years ago. I currently have around 800 grams of gold that b...
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...
US death tax trap: Uncle Sam's wealth puzzle leaves rich Indians worried for their kidsRich Indian families are racing to shield booming US stock portfolios from America’s 40% inheritance tax, but face complex FEMA and LRS hur...