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TESTAMENTARY TRUST
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...- Joint vs mutual Will: What Indian couples should know before planning the succession of their estateJoint and mutual Wills, while legally recognized in India, present significant complexities and potential for disputes. Experts highlight t...
- Have assets in the USA or UK? Why an Indian Will alone may not protect your heirsIndian families with assets in the USA and UK need robust succession plans. A single Indian Will may not suffice for overseas properties. E...
- Property partition after owner’s death: A guide for legal heirs to divide assetsPartition of a property means the legal division of jointly owned property among co-owners or legal heirs, severing joint occupancy into in...
- Should you go with public trust or private trust? Succession planning with trusts explainedIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 9...
- Sir Ratan Tata Trust may get formal trust deed as Tata Trusts reviews governance structureTata Trusts is reviewing governance for the Sir Ratan Tata Trust. A new trust deed may be drafted. This follows discussions on trustee appo...
- Probate no longer mandatory in these three metros: What repealing Section 213 means for wills and estatesBy removing Section 213 and amending Section 370(1) of the Indian Succession Act, the recently passed Repealing and Amending Act, 2025 plac...
- Planning for a lifetime care: Smart estate strategies for parents of children with special needsParents of children with special needs must plan for their future care and finances. Trusts and wills offer a secure framework. Experts adv...
- 10 smart ways to prevent family feuds over property before they start
- Is it better to distribute one’s assets during lifetime or after demise? Which succession tool is best suited to your needs?Inheritance conflicts frequently occur in India as families navigate the complexities of passing on legacies. Although parents strive to cr...
- The Inheritance of Loss: Inside the silent battles of queer heirs in India’s richest familiesWealthy Indian families are increasingly using inheritance to control their gay children, often coercing them into lavender marriages or di...
- I have children from two marriages. How can I distribute my assets without legal disputes in future?I have children from two marriages. I want to ensure that my assets are distributed fairly and without future legal disputes. What legal do...
- Ratan Tata put a ‘no-contest clause’ in his Will: Can this clause help prevent family disputes?While the clause can act as a deterrent to frivolous challenging of the will, it is not legally binding and is not recognised by key succes...
- Billionaire Warren Buffett says he will have a ‘simple’ & public willWarren Buffett, the world's ninth-richest person with a net worth of $120.8 billion, announced in a Thanksgiving letter that the dispositio...
- Warren Buffet donates Berkshire Hathaway shares to children's foundations at Thanksgiving"My children, along with their father, have a common belief that dynastic wealth, though both legal and common in much of the world includi...
- My uncle doesn’t want to share grandfather's property. What can my mother do?Assuming your mother is a Hindu, she has an equal right in her parents’ property as she is a class I legal heir.
- Several Indian-origin persons charged in insider trading cases in USIn another action, the SEC alleges insider trading by investment banker Brijesh Goel, 37 and his friend Akshay Niranjan, 33, both of New Yo...
- How to form a trust for a special needs childTypically one or both parents of the special needs child are the settlers. They need to identify trustees who understand the child’s needs ...
- High Court restrains Harsh Vardhan Lodha from holding office in MP Birla GroupThe court also told Lodha not to draw any benefit from the assets of the MP Birla estate. The latter is expected to challenge the ruling be...
- India-focused PEs raise $2b till JulyWith roughly $2 billion already raised in seven months, 2007 is turning out to be an excellent year for India-focused private equity (PE) f...
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