make your will
We specialize in Will Creation, Wealth/Asset Distribution and Succession Planning. Act Now to make your will at your time and place to avoid intestate succession and ensure a smooth inheritance.
Why You Should Make a Will: Myths and Truths
In India, what we plan for most is taxes. But, death is also an area where planning is needed. Death is certain but the time and date is unknown. That is the reason we need to plan for our family and loved ones. This planning is called WILL. But, except for Life Insurance, very few of us actually make the plan called WILL.
The main reason behind this is the myths around the subject WILL. Read below to find the truth and bust the myths.
Myths (M) & Truth (T)
(M): I don't have anything to give away.
(T): Everyone has some wealth or assets, maybe with emotional value. Without a will your investment planning shall be incomplete.
(M): I am still young; I will do it after retirement.
(T):Since you don't know when you are going to die, it's never too early.
(M): My assets will anyway pass to my family members.
(T):It is wrong to assume that your assets will automatically pass to your family members. In absence of WILL, distribution of your assets will be done according to your religious law and Indian law. The court will appoint someone to distribute or manage your asset or take care of your minor children. Your asset may go to someone to whom you didn’t want it go. Your loved ones will find it difficult to transfer your assets
(M): I have nominations.
(T): A nominee is not a legal heir; hence a nomination is not enough.
(M): I don't have any time to go to lawyer or advisor. I don't know the proper advisor or lawyer.
(T): Making a will is not at all complicated. Now even more you need to get in touch with us and get your Will in your hands.