Inheritance & Succession Planning For Smooth Transition To The Next-Gen

We spend a major part of life in building a business and creating wealth for us and our generations to come. But do we make sure that what will happen to it after us? Can we have any control on it? What are the possibilities? Lets get answers to all these from the expert speakers and panelists we have curated for this seminar.

Topics to be covered

Nomination & Joint Holding:

1. Who inherits your assets? Nominee, Joint Holder, or someone else? 
2. Do you know about the amendment in Life Insurance policy w.r.t. rights of family Nominee?
3. Are you aware that a Nominee in Co-Operative Society flat will be admitted only as a "Provisional Member" unless his rights as a legal heir are confirmed either through Probate or Succession certificate?
4. Can a resident be a joint holder in an NRE/NRO/FCNR account? 
5. After the demise of a joint holder, can the surviving joint holder(s) continue the demat account? 
6. What happens to your social media data after your demise?

Hindu Succession Act:

1. Can stepchildren, adopted children, or illegitimate children inherit your assets? 
2. Do Hindu individuals who convert to another religion maintain equal rights under the HSA?
3. What are the implications on their children's inheritance rights?
4. What are the rights of children of inter-caste marriage between Hindu & Non-Hindu under HSA.
5. What are the rights of a spouse under HSA post divorce?
6. How are individuals in live-in relationships legally recognized?
7. Are prenuptial agreements valid in India?

Wills:

1. Does marriage revoke a will? 
2. Can a person give all his wealth for religious or charitable purposes? 
3. How to safeguard the rights of the disabled in your will? 
4. Can pet be a beneficiary? 
5. What is a Living Will and how is it different? 
6. Life interest in wills - How can you transfer this unique right through your will? 
7. Can one transfer or bequeath the tenancy rights either in residence or commercial premises in his/her WILL?
8. Can one transfer her or his share in the HUF through a WILL & how does it work?