A proper estate planning protects your family and your assets if you die or become incapacitated. Following things shall be kept in mind while planning your estate: deciding who will get your things when you die naming guardians for your children and their property...
Efficient Estate Planning through Trusts A Will is not always hassle free and cannot be subjected to ample of constrains, but a Trust can be made to accommodate your specific requirements. There are two ways in which you can plan your Estate: firstly, by writing a...
When asset holding, asset structure and family structure is simple and straight forward, a Will can be the most effective tool to plan your estate. But if there are several branches in your family tree, and assets are spread out across the country (or world), then it...
Living Will – Law in India The Black’s Law Dictionary defines an advance medical directive as, “a legal document explaining one’s wishes about medical treatment if one becomes incompetent or unable to communicate”. A living will, on the...
Probate According to section 2(f)[1] of the Indian Succession Act, 1925 Probate refers to a copy of the will that is certified by the seal of a court of competent jurisdiction. Through Probate, rights pertaining administration of an estate is granted to the applicant...
Section 213(1) makes it mandatory for every legatee or executer to obtain a Probate of the will or Letter of Administration with the will before they try to execute a will. Otherwise, an executor or legatee cannot establish any right in a court of law pertaining to...
