- Estate & Succession Planning
- June 27, 2023
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…
- Estate & Succession Planning
- March 04, 2021
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…
- Estate & Succession Planning
- September 11, 2020
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…
- Estate & Succession Planning
- March 11, 2020
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…
- Estate & Succession Planning
- July 27, 2020
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…
- Estate & Succession Planning
- July 27, 2020
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…
- Estate & Succession Planning
- July 30, 2020
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…
- Estate & Succession Planning
- July 27, 2020
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,…
- Estate & Succession Planning
- July 27, 2020
Timely succession & Estate Planning is a key to hassle free future for you and your Family – Pragyan Article 3
“प्रज्ञान” Means of Wisdom In the earlier Pragyaan we explained you about Will, in this part we will take you through Trusts Timely succession & Estate Planning is a key to hassle free future for you and your Family …
- Estate & Succession Planning
- July 27, 2020
What does Estate Planning Encompass?- Pragyan Article 2
“प्रज्ञान” Means of Wisdom In the earlier Pragyaan we took you through the basics of Estate Planning and briefly discussed about its methods. In this edition, we will take you through the tools of Estate Planning. “In spite of all…
- Estate & Succession Planning
- July 27, 2020
What is Estate Planning? – Pragyan Article 1
“ प्रज्ञान ” Means of Wisdom Wealth creation is a collective effort by an individual/individuals, sometimes over a few generations for the well being and continuity of their family. To create a seamless passage of legacy to the future generations…
- Estate & Succession Planning
- June 30, 2017
Changing a WILL – is it allowed?
Changing a WILL – bursting the myths Is changing a WILL allowed? This is a very common question I’m asked. And before I answer it, let me narrate a short story. Once upon a time, there lived an old man with…
- Estate & Succession Planning
- August 11, 2017
The Singhania episode – Succession Planning 101
Succession Planning – The Singhania story The recent fallout between father and son – Vijaypat and Gautam Singhania is a classic case of lack of well-structured estate and succession planning. (See the full story below) Vijaypat Singhania says son Gautam has…
- Estate & Succession Planning
- May 30, 2017
WILL Management – Why do I need it?
Life after Death – Will Management None of us really like to think about our own death or events that might unfold after we cease to exist. We often forget that life is full of uncertainties and forget the importance…
- Estate & Succession Planning
- June 07, 2017
Let us break some Myths about writing a WILL.
I’m too young to be writing a WILL Most of us live in a bubble and believe that we don’t need to write a will or take active measures towards estate planning “early in life” and we assume it is an…
- Estate & Succession Planning
- June 14, 2017
Why write a WILL – My family won’t fight!
Why do I need to write a WILL – Its my family! Being optimistic is great but being blind – not so much. Everyone is emotional about their family, everybody hopes that nothing wrong should happen to them, everyone prays…
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