Here’s a quick checklist for getting a head start on your financial planning for the year.

I have an unanticipated expense coming up during this year, but I don’t want to touch my emergency fund. I still have a few months till I need the money and I want to transfer some of my savings from equity SIPs to a debt fund temporarily. Does this make sense?

The transferor or originator of the trust usually has the objective of ensuring that wealth is passed on to beneficiaries within the family or outside in a specified manner.

A succession plan becomes important if you have created assets through your working life. These assets ideally will go to your family in the event of your demise, however, the proportion and timing of distribution if left undefined can cause a great deal of uncertainty for those you leave behind.

Earnings from debt funds can come either in the form of dividends or capital gains or even both. While dividends are tax free after you have received them, capital gains are taxed post being realised. Here is how you add the capital gains to your tax return filing.

From bank accounts to HUF accounts to property transfer, there is a whole lot going for it in terms of having a joint ownership. While it is a convenient way to do so in a mutual fund it does come with certain limitations.

When do you plan to retire? The longer you plan to work, the lesser will be the need to save. That’s because your savings will get more time to grow and you will spend fewer years in retirement.

Do you know that one can retire wealthy by following some basic rules? Here are top four things that can make your retirement stress free.

Having a disparate set of investments without direction, is like a car where the wheels are pointed in different directions and each one moves at a different speed. Here’s what you can do, if you find yourself in such a situation.

Firstly, let’s start with the definition of “Retiring Rich.” This doesn’t mean just building a corpus to last through a lifetime and more. It means building a corpus big enough that would last a lifetime and give one a better lifestyle than before.

What are the total costs of studying abroad?While the prospect of gaining life experience along with quality education abroad are good reasons to plan for your child, be warned that tuition is not going to be the only spend you have to plan for.

There are other factors which make ULIPs inflexible and demanding. Here is what you need to watch out for.