Inheritance & Succession Planning With Sinhasi

A Living Will, or advance directive, is a crucial document that outlines an individual's medical treatment preferences when they cannot communicate their wishes. This article explores the importance of a Living Will in financial planning process, its legal basis in India, and the Supreme Court's recognition of the right to die with dignity. It provides practical guidance on creating and executing a Living Will, addressing end-of-life care options, designating healthcare proxies, and overcoming implementation challenges. The piece underscores the need for awareness and thoughtful planning in making these deeply personal decisions.

While life expectancy has been on the rise, but at the same time, people are also dying young, primarily due to cardiac issues. And this is evidenced in salaried people, most of whom are typically known to sleep less, starve, work more and work out hard. The article looks at how to plan your estate well in time to avoid problems later.

Do you talk “money” with your wife? Should she be involved? Are you worried that if all the finances are known to the wife, they may influence you to deviate from the financial plan and goal in pursuit of something else? The article looks at why you should look at sharing the information with your spouse and children.

Succession laws for both men and women vary according to gender and religion in India. The article gives us the details for us to be more clear on contentious issues, if and when they arise.

Death is not a pleasant topic to think or talk about, but we all must understand that it is an eventuality. And therefore, important that we do our estate planning such that it is distributed as we would wish it to be done without acrimony and mudslinging. Many people think that they can nominate someone for their investments and assets, and they have finished the task! This article defines the difference between legal heirs and nominees and why it is important that you understand the difference when it comes to different financial instruments.

In today’s times, nobody wants to be caught on their wrong foot and are trying to ensure that everything goes smoothly as per their thinking. Which is why it is important to see the points we have compiled on these three distinct topics throughout our years of experience on estate planning for our clients

So many people of us think we are immortal. something bad is always going to happen to someone else, never us. It is a scary time at present and a lot of people are going through a phase of “Will I survive this epidemic?”. Lot more have approached us asking us to make Wills for them. This article lists out the various parts of how to make a Will.