Estate Planning

Money

Does your will cover everything you own? Here’s what can go wrong

A will can be legally valid yet leave part of an estate undisposed. A well-drafted residuary clause can help ensure assets not covered by specific bequests pass to the intended beneficiaries.

2 min read6 Oct 2026
Companies

Patriarchs who won’t give up control, uninterested next generation: Study finds poor succession at family-run businesses

A study of 474 Indian family-run companies finds patriarchs often retain operational control well past 60, leaving successors underprepared and creating risks for business continuity.

3 min read17 Sep 2026
Money

India’s incapacity law gap: why estate planning must go beyond wills

India has no comprehensive law for managing a person’s finances and property after they lose mental capacity. A combination of a private trust, living will and healthcare nomination may offer the closest workaround.

3 min read15 Sep 2026
Money

Who will manage your bank accounts and investments if you become incapacitated someday? Details here

Many overlook financial planning for incapacity, leaving their assets undiscovered. This is what one should do to ensure that their investments reach their family if they become incapacitated and how to trace a person's financial assets if they didn't leave records.

4 min read14 Sep 2026
Money

Unregistered Will and property transfer: Is a release deed mandatory in India? Know the legal position

An unregistered Will can be legally valid in India if properly executed and attested. Learn when a release deed may be required, what documents beneficiaries need, and why Will registration alone does not determine property ownership or transfer.

2 min read6 Sep 2026
Money

Does a non-resident trustee make a trust non-resident?

A trust can remain resident despite having a non-resident trustee if its control and management is partly exercised from India.

2 min read2 Sep 2026
Money

Online wills: Know the costs and caveats

The simplicity of the online will-making process is also its biggest limitation.

8 min read31 Aug 2026
Money

Can I add all my children as nominees for my bank accounts and locker, and do I still need a will?

Until recently, families faced a frustrating, decades-old hurdle: the single-nominee limit. The Banking Laws (Amendment) Act, 2025, which came into force on 1 November 2025, changed that.

2 min read26 Aug 2026
Money

Do you need probate to inherit property in India? Here's how probate works, who needs it, and what legal heirs should do

Probate is no longer mandatory in India after the 2025 legal amendment, but it can still help validate a will and reduce inheritance disputes. Here's what probate means, how it differs from a succession certificate, and what happens if a person dies without a will.

3 min read6 Aug 2026
Money

Probate no longer mandatory: what it means for estate planning

The omission of Section 213 of the Indian Succession Act, 1925 has changed the legal position on probate in India. While probate remains available, it is no longer a statutory precondition in cases that were earlier covered by Section 213.

2 min read4 Aug 2026