Niranjan Vemulkar, co-founder and chief executive officer of Yellow, a digital will-making platform, shares an example. “We know of a case where the breadwinner went into a coma. His assets were frozen and a good amount of money was needed to pay the hospital bill. The family had to move court to release some of …
The main decision that you must look at when balancing your assets is your eventual goals and not shift the goal posts, too much. “We have always maintained that the decision to rebalance one’s portfolio should be made keeping their goals in mind, not to try and time the market or book profits,” said Harsh …
As part of estate planning and distribution of my assets, I would like to understand the options available for creating separate wills for each property that I own. Are there any benefits or drawbacks associated with this approach? —Name withheld on request Though you can create multiple wills for multiple assets, it will create immense …
Opinions expressed by Entrepreneur contributors are their own. Entrepreneurs have long worked hard to build their wealth and create dynasties by creating value in the marketplace and finding unique ways to solve problems. In recent years, however, the way entrepreneurs have been approaching this has shifted. Often, this involved allocating a percentage of their profits …
My husband died without creating a will. He owned a few properties and had some investments as well. His mother is now contesting his estate even though she has assets of her own. Is her claim valid? —Name withheld on request We assume that your husband was a Hindu and that there is no right …
I am 54-years-old and live with my wife and son . I own the house we live in as well as the adjacent house in which my mother resides. Additionally, I have investments in PPF (public provident fund) account, and various other assets. I am planning to write a will with my wife as the …