Religion is a system of beliefs, practices, rituals, and moral codes that centres around questions of existence, purpose, the divine, and the sacred. It often provides a framework for understanding life, guiding behaviour, and fostering community among its adherents. Religions vary widely across cultures and history, but they generally share some common elements.
Succession planning isn’t just about securing assets; it’s about preserving a legacy and ensuring peace of mind for loved ones. For Non-Resident Indians (NRIs), succession planning comes with its own set of unique challenges, particularly due to dual country legal implications, complex tax requirements, and asset management across borders. While some may attempt to navigate this independently, engaging a lawyer skilled in succession planning offers invaluable protection, especially for NRIs. This blog dives into the essentials of succession planning and why NRIs should consider hiring a lawyer for seamless, legally sound estate planning.
In India, the inheritance and distribution of assets from one generation to the next is primarily guided by laws of succession. These laws ensure that the wealth and properties of a deceased person are fairly transferred to their legal heirs as outlined in the respective succession acts. For anyone navigating property laws in India, understanding the types of property—namely ancestral property and self-acquired property—is crucial. This article unpacks ancestral property in the Indian legal context, particularly focusing on how it applies to the rights of grandchildren over their grandfather’s property.
In India, there have been a few cases where parents have attempted to disown their children, and the courts have had to intervene to resolve the matter. Here are some notable cases…
Investing in real estate in India can be a lucrative opportunity, but it is also fraught with risks. In this blog post, I will advise NRIs on how to safeguard their investments in India.
Ninety percent of all millionaires become so through owning real estate. Only pre-condition is, they should not be defrauded while accumulating the assets.
If you’re planning to buy a property in India, it’s crucial to have a good understanding of the property laws in the country. These laws can be complex and confusing, but knowing them will help you avoid legal issues and make informed decisions about your investment.
A legal heir certificate is a document issued by the government that establishes the relationship between the deceased person and the person claiming to be their legal heir. This certificate is important for a number of reasons and has several practical applications.
Partition is the process of dividing or distributing the property amongst co-owners in separate shares. The partition can be affected either by mutual agreement between the co-owners or by the court. A partition suit is a legal remedy that can be sought by co-owners of a property when they wish to divide the property amongst themselves. The procedure for filing a partition suit in India is as follows:
A Succession Certificate is a legal document issued by a court that grants the right to the legal heirs of a deceased person to inherit and transfer property, assets, and investments from the deceased person’s name to their own. The certificate is issued to the rightful heirs of the deceased and can be used to establish the ownership of the assets of the deceased person.
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