Pass on your legacy, not your worries. Professional services for Will writing, Trust creation, and Succession planning.
In India, a large number of property disputes arise due to the absence of a clear Will. Estate planning ensures your assets are distributed exactly according to your wishes, minimizing legal hurdles for your loved ones.
Drafting a legal document that clearly specifies who gets what. We help you list all assets (financial, physical, digital) and appoint an Executor.
Setting up Private Family Trusts to ring-fence assets for minor children or special needs dependents. Helps in tax efficiency and avoiding probate.
Strategic transfer of business and ownership for HNI families. Ensuring business continuity while handling inter-generational transfer.
| Feature | Will | Private Trust |
|---|---|---|
| Takes effect | Only after death | Immediate or as defined |
| Privacy | Public document (Probate) | Private & Confidential |
| Cost | Low (Drafting fees) | Higher (Setup + Maintenance) |
| Asset Protection | No protection from creditors | Can ring-fence assets |
India currently has no inheritance tax or estate duty, so inheriting an asset is not itself a taxable event. If the inheritor later sells that asset, however, capital gains are computed using the original owner's cost of acquisition. The original owner's holding period also counts when determining whether the eventual gain is short-term or long-term. The tax liability is therefore deferred until the eventual sale, not eliminated.
Money n Wealth can help inventory financial, physical, business and digital assets, clarify family priorities, and coordinate the appropriate Will, nomination, ownership and trust structure with legal and tax professionals.
Read Our Complete Estate Planning Guide