Searched for
REAL ESTATE INHERITANCE
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...
- Retirement planning: Why the US retirement model may not work for Indian retireesThe Indian institutional framework poses unexpected risks. Not only is insurance costly for seniors, it’s not available as a standardised s...
- In 2019, a woman bought a Missouri home at a tax sale; a beneficiary deed complicated who really owned it; what exactly happened?The case is Diana J. Thompson and other v. Heirs of Kathryn L. Metcalf and others. In 2016, a woman in Marshall, Missouri, signed a benefic...
- In 2012, a Philadelphia property went to a tax sale after unpaid bills piled up; years later, the fight over leftover money continuedNotably, James died in 2016. Then Loretta Leverett went to the court. She said that she was the surviving spouse and an interested party. S...
- In 1997, a US appeals court ruled in an estate-tax battle involving a 657-acre Texas farm valued at $650,000 and three other properties; here's what happenedCervin died in 1988. He and his wife, Manita Cervin, had purchased three whole life insurance policies on his life from Mutual Life Insuran...
- Market crash after retirement? Four retirees share lessons on how to prepare in advanceFour retirees tell us how they planned for a market fall long before it came. What these four individuals did smartly was not adjust their ...
- Inherited property tax explained: Know how the US 1031 exchange works and what are the rules for co-inheritors?In simple terms, in the United States, a provision known as a 1031 exchange may offer a way for an heir to exchange qualifying investment r...
- In 2014, Joan Rivers left a Manhattan penthouse worth $28 million; after relisting for $38 million later, it eventually took a $10 million price cutJoan Rivers’ former Manhattan penthouse has returned to the luxury real estate market with a substantial reduction in its asking price. Sit...
- Do banks report deposits over $10,000 to the IRS? What really happens when you cross the cash reporting thresholdA cash deposit exceeding $10,000 in a single day triggers an automatic report to the federal government. Financial institutions do not make...
- Larry King listed his Tuscan mansion for $17 million in 2019; after sitting without buyers, it eventually sold for $15.5 millionLarry King and Shawn Southwick, now estranged, have finalized the sale of their Beverly Hills property for $15.5 million. This transaction ...
- Buying property abroad for your NRI child? Know how much Indian parents can transfer and the tax implicationsNavigating overseas property purchases for NRI/OCI children can be complex for Indian parents, entangled in regulations like FEMA and RBI's...
- IBC helps 1.4 lakh homebuyers move closer to possession as developers revive stalled projectsIndia's insolvency framework has helped more than 1.4 lakh homebuyers receive homes from stalled projects. Major developers, like Adani Rea...
- Will gives you property rights, but what next? Know these 7 steps to transfer ownership and secure possessionA Will plays a crucial role in outlining how assets will be allocated following an individual's death, which can lead to family disputes if...
- Factory floor or family office? India’s young rich alarm eldersIndia’s wealthy business families are increasingly shifting from traditional family businesses to family offices, private equity and startu...
- Sunset years, rising prices: Coimbatore's senior-living villas ride India's retirement boomCoimbatore is now India's leading senior-living destination, attracting retirees from major cities. This southern city offers pleasant weat...
- In 1905, Beatrix Potter used Peter Rabbit royalties to buy threatened farmland in UK; the result protected 4,000 acres and 14 farms, preserving the Lake District’s working countrysideWhen Beatrix Potter bought Hill Top Farm in 1905, she was doing much more than investing her book royalties. She was starting a quiet, deca...
- In 1918, a Washington clerk spent $24 on 100 stamps during his lunch break. Every plane was upside down, one later sold for $2 millionA Washington clerk bought a sheet of stamps with an upside-down airplane design. This rare error, the Inverted Jenny, was later sold for a ...
- In 2008, Red Hot Chili Peppers bassist Flea paid $3.85 million for a 1915 Los Angeles house and renovated it with rooftop solar; Jack Black later bought it for $5.965 millionFlea, the renowned bassist of the Red Hot Chili Peppers, recently sold his Los Feliz abode for a significant profit following its renovatio...
Load More
