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Business News > Mint Authors > Amay Jain

Amay Jain

ARTICLES BY AMAY JAIN

Probate is no longer mandatory merely because Section 213 previously applied, but it may still be useful in complex or contested estates.

Probate no longer mandatory: what it means for estate planning

2 min read . 04 Aug 2026

A family-owned business can protect a secret recipe through estate planning. Confidentiality, NDAs, and structured succession plans are vital, as India lacks specific trade secret laws. (Pexel)

Can a secret family recipe be passed on through a Will?

2 min read . 16 Jun 2026

To safeguard ownership, consider restricting POA rights regarding sale or revoking it if necessary. (Image: Pixabay)

Can your power of attorney sell your land? Know the legal boundaries

2 min read . 10 Mar 2025

One should carefully consider the differences between a springing and a current power of attorney to protect his assets effectively.

Springing vs current Power of Attorney: Protecting assets, estate planning goals

1 min read . 17 Jul 2024

Writing a will will free you from the moral obligation to your heirs.

Succession vs nomination: Key insights into effective estate planning

1 min read . 25 Jun 2024

The Act also stipulates that the descendants of the convert are disqualified from inheriting the property from their Hindu relatives unless they are Hindus at the time of the succession. (iStockphoto)

Inheritance under Hindu Succession Act: What happens when an heir converts

2 min read . 04 Jun 2024

One effective method is setting up a trust under the Indian Trusts Act, 1882.

How to ensure phased payouts to your nominee in the case of death

2 min read . 28 May 2024

Joint ownership arrangements and nominations for financial assets can help streamline the transfer process and reduce potential legal complications.

Estate planning under Hindu, Indian succession acts to ensure smooth transfer

2 min read . 21 May 2024

International estate plans should be periodically reviewed and updated to reflect changes in personal circumstances, legal frameworks, and tax regulations.

How to overcome legal hurdles in international estate planning?

2 min read . 22 Feb 2024

Another vital legal mechanism in estate planning is the execution of PoA. (iStockphoto)

How do I legally ensure fair asset distribution among my heirs?

1 min read . 13 Feb 2024

Regular reviews and updates to the succession plan are essential to adapt to changing circumstances and dynamics within the family and the business.

What should be done for smooth transition of family business?

1 min read . 30 Jan 2024

Among Hindus, the Hindu Succession Act, 1956, deals with intestate succession.

What are the legal channels to claim ancestral land ownership?

1 min read . 16 Jan 2024

The builder-buyer agreement typically allows the inclusion of heirs, executors, and administrators of the allottee or purchaser.

Can a nominee be included in a builder-buyer agreement?

1 min read . 20 Dec 2023