Estate Planning
In order to provide financial security for loved ones, an individual works hard to build assets during his/her lifetime — be it investments, house property, plot of land, etc.
What is then equally important is to protect these assets in the event of death of the owner and planning their transfer to the intended beneficiaries in a hassle-free manner.
Estate planning is exactly that — putting the plan on paper and mentioning ‘who should get what and how much portion of the wealth’.
Young couples — newlyweds, first-time parents, or those busy with family responsibilities — often overlook the importance of estate planning.
There’s a common misconception that estate planning is only for the wealthy.
In reality, it’s essential for anyone who owns assets and wants to ensure a smooth transition for their loved ones.
Many believe that having nominations for assets is sufficient.
However, estate planning goes far beyond that — it legally defines ownership and minimizes future disputes.