What a Trust can do for you 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.
Thought of succession yet? 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.
Tax treatment of your debt fund capital gains 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.
Joint holders in a mutual fund? Here’s what it means. 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.
Are you on track for a great retirement? Check with this quick rule of thumb 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.
Four things that make retirement stress free 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.
How can you align your existing investments to goals? Start with this 7 step plan. 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.
A one-minute guide to a rich retirement 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? 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.
The tax advantage is not enough to jump into ULIPs There are other factors which make ULIPs inflexible and demanding. Here is what you need to watch out for.
A guide to creating self insurance via mutual funds While a lot of the workforce is covered by Medical insurance for a nuclear family including a husband, wife and up to two children, the coverage may not be sufficient for the complete household.
Can you afford a four-day work week? Is it possible to negotiate a reduced work schedule with your employers? And what will be the financial consequences?
