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Module Units
- 1. Introduction
- 2. What Is The Need To Involve Your Family In Financial Matters?
- 3. Debunking The Myths About Succession Planning
- 4. Tools For Succession Planning
- 5. Nominee
- 6. Nomination vs. Assignment
- 7. Will
- 8. Disadvantages Of Not Writing A Will
- 9. Online Or Offline Will
- 10. Witness And Executor To The Will
- 11. Registration Of Will
- 12. Gifts
- 13. Comparison Between Gift And Will
- 14. HUF (Hindu Undivided Family)
- 15. Properties Or Assets That Can Be Classified As The Assets Of A HUF
- 16. What Happens In Case Of Death Of The Karta?
- 17. Partition Of HUF
- 18. Trusts
- 19. Types Of Trusts
- 20. Practical Matters – Investors
- 21. Mandatory Registration
- 22. Pitfalls Of Forming HUFs
- 23. Comparison Between Will And Trust
- 24. What Your Family Should Know Before Your Death?
- 25. Conclusion
Tools For Succession Planning
There are several tools that are used for family succession or inheritance planning. They are highly customized and depend a lot on the individual's finances. Some of the common ones are as follows–
Finding the appropriate way for succession planning is a customized task that involves a mix of different tools that are mentioned above. You should probably set up a meeting with your lawyer and Chartered Accountant and share everything about your family and the objectives that you want to achieve through succession planning.
What are the laws applicable to succession planning?
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