Estate planning, also popularly known as ‘Legacy Planning’, is the process of anticipating the transfer of an individual’s assets after death. It includes transferring of assets like cash, clothes, jewellery, cars, houses, land, retirement, investment and savings accounts, etc. The assets are transferred in the following ways:
Wills: A will is a legal document that lays out the fate of your property after your death. It states who receives your property and in what amounts. Armed with rich experience & expertize, Artham Solutions is a name you can trust on for availing relaible Will Services in Surat.
Trusts: A trust is an arrangement where you entrust property to one person or an organization. The person or trustee is taxed with managing the property on behalf of your beneficiary or beneficiaries. The person or an organization can also create an ‘Investment Trust’ where he can pool the money and invest it in equity, mutual fund and other avenues; the benefits of which are transferred to the beneficiaries of Trust.
Offerings:
Artham provides services like formation of wills, trusts or family constitutions through its tie ups with leading players in these businesses.
Who needs it?
1) Business Houses, Entrepreneurs & Professionals
2) Nuclear family or Joint family
3) Family with no legal heir or with a special child
4) Family with beneficiaries across the globe with different residential status
5) NRI family with assets in India
6) Family looking at generation-skipping
7) Multiple marriages
8) Inheritance tax planning
9) Person looking to protect his / her assets against unforeseen events
10) Person who would like to distribute his assets as per his or her wish and not as per the governed law.