What is trust property? Who are trustees?
Trust Property Trust property refers to the assets that have been placed into a trust by the settlor (the person creating the trust)....
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Pritika Kumar
Aug 23 min read
What purposes is a trust established for?
A trust is a fiduciary arrangement where one party (the settlor) transfers assets to another party (the trustee) to manage for the...
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Bambi Bhalla
Aug 22 min read
What is a trust and how does it work?
A trust is a legal arrangement where one person (the settlor) transfers assets to another person or entity (the trustee) to hold and...
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Pritika Kumar
Aug 22 min read
When should I start writing my will?
Writing a will is a critical aspect of estate planning that ensures your assets are distributed according to your wishes after your...
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Bambi Bhalla
Aug 23 min read
What are Joint Wills? How Do They Work?
A joint will is a single testamentary document created and executed by two or more individuals, usually a married couple, to dispose of...
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Bambi Bhalla
Aug 23 min read
Can I Appoint a Guardian Under My Will?
Yes, you can appoint a guardian under your will. This is known as a testamentary guardian. A testamentary guardian is someone you...
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Bambi Bhalla
Aug 23 min read
Who is a guardian? What are the duties of a guardian?
A guardian is an individual who is legally appointed to take care of the personal and property interests of another person, usually a...
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ChiliFactor Communications
Aug 23 min read
What are Letters of Administration ("LOA") and when are they required to be applied for?
Understanding Letters of Administration (LOA) Letters of Administration (LOA)Â refer to a legal document issued by a court of competent...
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Pritika Kumar
Aug 22 min read
What is Meant by Probate of a Will and is it Compulsory to Obtain One?
Probate is a crucial legal process in the administration of a deceased person's estate. Understanding what probate of a will entails and...
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Bambi Bhalla
Aug 23 min read
What are future assets and residuary assets and can they be willed?
Estate planning involves the careful consideration of both present and future assets to ensure a smooth transfer of wealth and property....
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Pritika Kumar
Aug 23 min read
When can a will and/or a legacy under a will be declared void/invalid?
The validity of a will is crucial in ensuring that the testator's (the person making the will) wishes are honoured and their estate is...
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Bambi Bhalla
Aug 23 min read
Can the beneficiary of the will be mandated to complete a task before being able to receive the benefits arising out of the will?
Estate planning often involves intricate details to ensure that the testator's (i.e. the person creating the will) wishes are honoured....
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Bambi Bhalla
Aug 22 min read
Who is an Executor of a Will? Is it Mandatory to Appoint One? How are Wills Executed?
In the realm of estate planning, understanding the role of an executor is crucial. An executor is a person designated in a will to manage...
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Vishesh Sharma
Aug 22 min read
Who can be a witness under the Will? How can a witness attest the Will?
Witnessing a will is a critical aspect of ensuring its validity. The Indian Succession Act, 1925, outlines specific requirements for who...
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Pritika Kumar
Aug 22 min read
When is a Will Said to Be Validly Executed? Can the Will Be Contested?
In India, the execution of a will is governed by the Indian Succession Act, 1925. For a will to be validly executed, it must meet the...
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Bambi Bhalla
Aug 22 min read
Can wills be changed/modified?
Yes, wills can be changed or modified in India. The Indian Succession Act of 1925 allows testators (i.e. those who make a will) to alter...
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Vishesh Sharma
Aug 24 min read
What Happens to a Person's Assets if They Die Without a Will in India?
When a person dies without leaving a will, it is known as dying intestate. The distribution of their assets is then governed by the...
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Bambi Bhalla
Aug 22 min read
What is the benefit of writing a will?
Writing a will is a crucial step in estate planning that offers several significant benefits. Here’s why it is important: Ensures...
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Bambi Bhalla
Aug 12 min read
Who is competent to make a will? Are wills legally binding?
In India, the competency to make a will is governed by the Indian Succession Act of 1925. According to this Act, any person who is of...
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Pritika Kumar
Aug 13 min read
What is a will? Do I need to register it?
A will is a legal document that outlines how a person's assets and affairs should be handled after their death. It allows the testator...
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