Estate Planning for NRIs

Estate Planning for NRIs

I have spent long time in advising my Indian and NRI clients on Estate Planning in India. In the last almost one year of my Entrepreneurial journey I had met lot of NRI clients who are still not aware on the importance of Estate Planning for their Assets in clients. So I thought share some general information on the various aspects of Estate Planning in India through series posts over the coming weeks.

Why to have a Will?

Why to have a Will?

I had shared few thoughts on Estate Planning in my last blog. In my today’s blog I will be sharing my thoughts on why in India majority of the people avoid talking about Will and the importance of Will. The thoughts on why people avoid writing a Will is based on my interactions with people as Estate Planner and my professional experience over the last 6 years as a Estate Planner.

Estate Planning - Wills

Estate Planning – Wills

I have received overwhelming response to my earlier two posts. It has encouraged to share my personal views again. In this post I will like to share details on the most commonly and important tool of Estate Planning i.e., “Will”. In my earlier post I had discussed about what is a “Will” today I will be discussing it from Indian Law point of view, especially from the point of view of “Hindu Succession Act”.

Why NRIs Should File Income Tax

Why NRIs Should File Income Tax

The last 25 years have been of tremendous change for the Indian Economy. GDP growth rates have surged, India has integrated more with Global economy and more and more Indians have become NRIs. Many Indians, who have become NRIs in the last 3 decades have a peculiar problem in terms of filing of Income Tax Returns in India.