legal heirs

From inheritance to investment: Key tax insights for heirs

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From inheritance to investment: Key tax insights for heirs

The date of acquisition for the property inherited by you from your father will be the date on which your father had purchased the property. The cost and date of acquisition for a capital asset acquired under a will or as a gift, will be the cost and the date for which, and on which, … Read more

The pitfalls of leaving nomination blank in bank accounts and insurance policies

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The pitfalls of leaving nomination blank in bank accounts and insurance policies

Securing our family’s future is topmost priority for most of us. Alongside taking insurance policies and making investments, there is a crucial step in this—estate and succession planning to ensure our family inherits our assets without delays, hardship, or confusion.  Yet, this aspect is often neglected due to the anxiety and discomfort arising from contemplating … Read more