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PASSING WEALTH TO CHILDREN
Estate planning: Why passing on wealth during your lifetime can be a smarter succession strategyGifting and charity, in cash and kind, during one’s lifetime offers the scope for creating shared experiences of celebration, travel, enter...- Scottish proverb of the day: 'The father buys, son builds, grandchild sells, and his son begs'. Life lesson on how inherited wealth can vanish without discipline and hard work from old folk sayingThe Scottish proverb “The father buys, the son builds, the grandchild sells, and his son begs” offers a powerful lesson about generational ...
- Nephew allegedly demands share in 5.5-acre ancestral land or Rs 1.5 crore; uncle’s family files FIR against him; SC quashes criminal case for this reasonMan files FIR against people allegedly asking for partnership in 5.5 acre ancestral land or Rs 1.5 crore; SC cancels FIR and rules criminal...
- Property seller's family challenged 15-bigha land sale, authorities ordered cancellation of sale deed; Supreme Court restores buyer's right, says registered sale deed can't be discarded for these reasonsInconsistency in witness testimony led to a 1957 executed registered sale deed being ordered for cancellation and a long battle for buyer t...
- Youngest son tortured, humiliated elderly father and forced him out of ancestral home; Odisha High Court orders son to vacate property on this groundOld father evicts youngest son from his ancestral village home as son tortured and humiliated him, wins case on this ground in Orissa High ...
- Homebuyer finds water leakages and seepage issues weeks after buying flat; Telangana RERA orders builder to relay terrace flooring, carry out waterproofing workBuilder ordered by TGRERA to relay terrace flooring and execute comprehensive waterproof treatment to ensure a permanent solution to resolv...
- Japanese Proverb of the Day: "Among flowers, the cherry blossom; among people, the warrior." — Timeless life lessons on honor, courage, resilience, and why true greatness is measured by character rather than the length of lifeJapanese proverb of the day, “Hana wa sakuragi, hito wa bushi,” offers timeless wisdom that still shapes modern thinking. Meaning “Among fl...
- Gen Z marks the rot: NEET protests mark a deep socioeconomic grievance, and fractured employment systemGen Z faces a prosperity collapse, unlike previous generations in India. This shared economic grievance fosters solidarity among young peop...
- How ULIP plans can help you with legacy planningLegacy planning helps Indian families transfer wealth smoothly across generations. Unit Linked Insurance Plans offer life cover and market-...
- Quote of the day by George Eliot, 'Our dead are never dead to us, until we have forgotten them' shows psychology of love never truly ends, offers inspiring life advice that family traditions play important role, remembering those we lose still brings comfort todayGeorge Eliot's timeless quote of the day offers a message of hope rather than sorrow. "Our dead are never dead to us, until we have forgott...
- Amish proverb of the day: 'The values we leave our children are more important than the valuables we leave them' – a life lesson on parenting and legacyParents should prioritize teaching children strong values over material possessions. These deeply ingrained principles guide individuals th...
- Warren Buffett, with a $147 billion net worth, says he may be 'one of the 10 luckiest people in the world'—reveals what worked in his favourWarren Buffett credits luck and opportune circumstances for his extraordinary financial success. He believes being born in the United State...
- Children can not have birthright to father’s self-acquired property even if he got it via gift, Will, family arrangement or partition in this case; Know what Mitakshara Hindu law saysA recent ruling clarifies children's birthright in inherited property. Mitakshara Hindu law states self-acquired property does not grant au...
- Civilisations, time and the turning wheelWestern confidence in linear progress has weakened due to recent global challenges. This has led to a renewed interest in Ibn Khaldun's cyc...
- Vivek Oberoi's family lost everything during Partition. Actor-investor shares the partenting lesson he passes on to his kidsVivek Oberoi recently talked about his financial lessons and the establishment of his family office. He learned money management from his f...
- Quote of the Day by Magic Johnson: 'All kids need is a little help, a little hope and somebody who believes in them.'- Inspiring lessons on mentorship, hope, encouragement, and the life-changing power of believing in others by the NBA legendNBA legend Magic Johnson emphasized that children need help, hope, and belief. Talent alone is insufficient for growth and confidence devel...
- How Steve Jobs' billionaire widow Laurene Powell went from skipping family holidays to building a $14 billion fortune and becoming one of the richest women in the USApple co-founder Steve Jobs' billionaire widow, Laurene Powell Jobs, overcame childhood financial struggles and student loan debt. Once too...
- You can leave your kids crores and still fail them, warns CA and explains why money alone doesn't secure family's futureChartered Accountant Nitin Kaushik emphasizes financial literacy for heirs. He states wealth erodes without knowledge of risk management an...
- The greatest wealth you can leave your children isn't money, says CA. He shares what it isChartered Accountant Nitin Kaushik believes a financial mindset is the greatest asset. He argues money and physical assets are vulnerable t...
- Quote of the day by John D Rockefeller: 'Save when you can and not when...' Life lessons from inspiring quote on proactive saving, reactive panic, emergency fund, consistent investments and financial disciplineQuote of the day by John D Rockefeller highlights the importance of saving money before financial problems arise instead of waiting until a...
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