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Private Trusts Vs HUFs: Which suits your needs to pass on assets to legal heirs?

Will, gift deed, private trusts are some of the most commonly used methods that an individual can use to pass on the assets to his/her family members. There may be instances where will and/or gift deed does not suit the requirements for passing on the assets. Here an individual can compare between private trusts and Hindu Undivided Family to see if either one suits your requirements. ....

A Private , Private Family , Hindu Undivided Family , Income Tax Act , Private Trust , Tax Deduction , Private Trusts , Private Family Trusts , Legal Heirs , Gift Deed , Trust Deed ,

Will vs Trust: Which is the better option for your succession planning?

Hile a Will is the official document with details of all the assets of the testator (person whose Will it is) that specifies how their belongings will be distributed after their death, the creation of Trusts is the alternative method of asset transfer. ....

Aditya Chopra , Victoriam Legalis , Pranav Bhaskar , Private Trusts , Bankruptcy Code , Will Vs Trust , Personal Finance , Financial Planning ,

How can you effectively plan your succession, both in your business and in your family? Some useful tips

The process, if not thought through in a careful and logical way, could give you split heirs. Will, Trust or gift each method has its own advantage. Choose the one that suits you the best - Issue Date: Oct 30, 2022 ....

Mukesh Ambani , Himesh Thakur , Dhirubhai Ambani , Aditya Chopra , Pranav Bhaskar , Yeeshu Sehgal , Reliance Industries Ltd , Managing Partner , Victoriam Legalis Advocates , Private Trust , Senior Associate , Private Trusts , Bankruptcy Code , Senior Associate Advisory , Ssue Date Oct 30 ,

Stanbic IBTC Trustees To Aid Seamless Transfer Of Assets

Stanbic IBTC Trustees, a subsidiary of Stanbic IBTC Holdings, has reiterated that setting up a Trust with the organisation ensures the seamless transfer of ....

Charles Omoera , Exchange Commission , Educational Trust , Facility Agent , Security Trustee , Public Trust , Trust Scheme , Estate Planning , Comprehensive Wills , Private Trusts , Simple Will , Chief Executive ,