How do I ensure that my sibling receives my inherited property after I die? | Mint

I am a 44-year-old man who recently decided to get married. I have inherited some property from my deceased father, which I want my younger sister to inherit upon my passing. Please advise whether my pre-existing will would be revoked if I get married and if I need to prepare a new will thereafter. -Name … Read more

Why it is important to plan the division of an estate in detail | Mint

Why is it important to plan the division of an estate in detail? -Name witheld Assessing assets and liabilities A comprehensive estate plan enables the efficient distribution of wealth. By clearly defining how assets will be allocated, individuals can prevent disputes among beneficiaries and ensure their wishes are honored. Read this | A basic will … Read more

Managing finances across borders? Finding the right collaborators is crucial.

Receiving an inheritance can be complex, especially if it involves cross-border transfers. Diya (name changed), a 60-year-old woman, found herself in a difficult situation when her father passed away in February 2023. She had dual US and Norway citizenship and an Overseas Citizen of India (OCI) card, and had been living in Norway with her … Read more