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Estate Planning & Succession Planning
Estate planning is the process of arranging your succession and financial affairs and ensures the management of your estate during and beyond your lifetime and plan your legacy. Estate plans must be written, signed and registered by the person who owns the estate.
The objective of estate planning is to ensure that your property and belongings pass to the intended beneficiaries without any litigation and disputes. Most people believe estate planning should be deferred to a later date. However, estate planning should start as early as possible. The sooner the planning, the lesser chance of resentment in the family
A legally valid WILL prepared can provide you peace of mind and can help in removing additional stress and expense for your family, should the unexpected happen. Death is an eventuality and proper inheritance tax planning is important to make sure the assets are left with the beneficiaries as per the wishes of the deceased.
Wealth planning laws in India are complex and multi-layered as it required simultaneous considerations of various laws including specific succession laws, currency control regulations and tax laws
‘ASN Advisors’ have a renowned Wills and Trusts practice which provides practical solutions to accomplish the client’s wealth planning goals. ASN acts as trusted advisors and provides a tailored advice to clients on estate planning including preparation of wills and trusts. We work closely with the clients to inform and counsel them on strategies to avoid litigation and through the litigation process, if necessary, in disputes involving wills
ASN actively partner with clients and financial professionals to best serve client’s objectives in disputes involving wills and estates. The team has vast experience in advising clients and assist them in drafting of wills and codicils, probate applications, letters of administration and succession certificates. Our clients also look up to us for all advisory related to restructuring family businesses, real estate, property succession, wealth planning, inheritance of ancestral property, trust deeds, gift deeds and tax structuring.
Our team have expertise in executing all sorts of testamentary instruments. Registration of WILL is not mandatory in India. As a matter of caution, it is highly recommended to voluntarily register the WILL. With registration of WILL, proving genuineness becomes easy in the Court if someone challenges the authenticity of the WILL.
ASN offers WILL registration Services as a value addition service to fulfil the wishes of the WILL writer. We can get the wills and trusts registered for the purpose of preserving the family properties.