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Next Gen – Keep them hungry keep them motivated

Hunger: Hunger is the basic need, it is the basic desire. It is hunger that motivates a human being to discover or innovate. Scarcity drives the human being to explore newer geographical territories. Human race in its original avatar was…

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Asset Protection Trust – Pragyan Article 11

“प्रज्ञान” Means of Wisdom ASSET PROTECTION TRUST Ringfence your Assets – Create Asset Protection Trust An asset protection trust is a vehicle created to preserve wealth by insulating assets against unanticipated risks. The Settlor settles the trust beyond the reach…

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Mitigating complexities while writing a Will for NRI – Pragyan Article 10

“प्रज्ञान” Means of Wisdom “Mitigating complexities while writing a Will for NRI.” Life is uncertain and the only thing certain in life is change and its end. We accept life’s uncertainties & related risk but, yet we tend…

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Why do I need an Estate Plan? – Pragyan Article 8

“प्रज्ञान” Means of Wisdom I have a Nuclear Family… Why do I need an Estate Plan? Why do I need an Estate Plan??? I have a nuclear family, my wife is the nominee, there is no question of dispute or…

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Do I still need a Will? – Pragyan Article 9

“प्रज्ञान” Means of Wisdom I have a nomination in place I hold assets in joint name, Do I still need a Will? Anybody who owns an asset should get nomination done for all the assets and this should not…

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Web Discussion on Drafting Family Constitution

Web Discussion on Drafting Family Constitution | Sandeep Nerlekar, Dr.Vinod Surana & Nand K Chaudhary

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My Family members won’t fight, I don’t need to write a Will – Pragyan Article 5

“प्रज्ञान” Means of Wisdom My Family members won’t fight, I don’t need to write a Will Being optimistic is great but being overly optimistic may blind your vision and not let you look at contingencies. Everyone loves their family and…

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Can I change my Will? – Pragyan Article 6

“प्रज्ञान” Means of Wisdom Can I change my Will? Let us start this article with a story. Story of an old man who couldn’t hear properly. There once lived an old man in a town who was rich, successful…

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Estate Planning for Families with Differently Abled Members -Pragyan Article 7

“प्रज्ञान” Means of Wisdom Estate Planning for Families with Differently Abled Members Differently abled children are largely dependent on their parents through their lifespan. In India there are very few agencies who would take care or take responsibility for such…

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What’s the Rush to write my Will? – Pragyan Article 4

“प्रज्ञान” Means of Wisdom I am too Young… I am not dying so Soon… I am not that Old…. Most of us live in a myth that I don’t need estate plan or write a will so early in life,…