Succession And Inheritance PlanningEnhance your legacy and reputation

Our aim is to highlight our capability of delivering the services rather than describing the services. We offer solutions that promote financial stability, family harmony, and responsible stewardship of your assets.

AboutCreating a legacy by preparing you and your loved ones for the unexpected with our succession and inheritance plan that promotes financial stability, family harmony, and responsible stewardship of your assets

As an Indian Chartered Accounting firm, we have been providing services to clients in India and abroad for several years. Our firm consists of experienced senior accountants, auditors, and tax advisors who are committed to delivering comprehensive solutions that enhance the client’s business.

One of the key areas where we provide our services is in the field of succession and inheritance planning. We understand that estate planning and succession planning can be complex and emotional, and we are committed to providing you with a compassionate and personalized approach.

Estate Planning

Estate planning is an essential part of succession and inheritance planning. It involves the process of preparing for the transfer of your assets to your loved ones and can help ensure that your wishes are carried out after your passing.

Our estate planning services include a comprehensive review of your assets and liabilities, as well as a discussion of your goals and objectives. We work with you to develop a customized plan that may include wills, trusts, powers of attorney, and other legal documents to help ensure that your wishes are carried out.

Our team of experts understands the nuances of Indian laws and regulations related to estate planning. We work with clients to minimize the tax implications of transferring assets and ensure compliance with all relevant laws and regulations.

Wills

A will is a legal document that outlines how your assets will be distributed after your passing. It is an essential part of succession planning and can help ensure that your wishes are carried out.

Our will services include:

  • Will Preparation: We prepare a comprehensive and legally binding will that outlines how your assets will be distributed after your passing. We work with you to ensure that your wishes are clearly stated and that your loved ones are provided for.
  • Will Review and Updating: It’s important to regularly review and update your will to ensure that it reflects your current wishes and circumstances. We can help you review and update your will as needed, so you can be confident that your wishes are always updated.
  • Will Execution: The execution of a will is a legal process that must be done correctly to ensure that your wishes are followed. We can help you navigate this process and ensure that your will is executed in accordance with the law.
  • Estate Administration: After your passing, your assets will need to be distributed in accordance with your will. We can help your loved ones navigate this process and ensure that your wishes are followed. This includes identifying and valuing your assets, paying any debts or taxes owed, and distributing your assets to your beneficiaries.

Private Trusts

A private trust is a legal arrangement whereby a trustee manages assets for the benefit of a beneficiary. The trustee has legal ownership of the assets but is bound by the terms of the trust to manage them for the beneficiary’s benefit.

Private trusts have several benefits, including:

  • Protecting Assets: Private trusts can protect assets from creditors and lawsuits, ensuring that the beneficiaries receive their inheritance without any interruptions.
  • Ensuring Business Continuity: Private trusts can ensure that the business continues to operate smoothly even after the founder’s death, as the trustee can manage the assets and ensure that the business is well-positioned for continued success.
  • Providing for Dependents: Private trusts can be used to provide for dependents, ensuring that they have the resources they need to thrive.
  • Preserving Family Wealth: Private trusts can be used to preserve family wealth by ensuring that the assets are managed in a manner that aligns with the founder’s values and wishes.

Setting up a private trust involves several steps, including defining the trust’s purpose, choosing a trustee, drafting the trust deed, funding the trust, and reviewing and updating the trust regularly. Our team of experts can guide you through the process and ensure that the trust is set up in accordance with your wishes.

Business Succession Planning

Business succession planning involves developing a plan to ensure that the business can continue to operate smoothly after the current owner or leaders retire or pass away. It also includes identifying potential successors, developing training and development programs, determining the best ownership and management structures, and implementing legal and financial strategies to minimize taxes and other risks.

Our team of experts has experience working with businesses of all sizes, from family-owned businesses to large corporations. We can help you ensure that your business continues to thrive after you retire or pass away. We will help you identify potential successors, develop a plan for the transfer of ownership and control, and ensure that your business is positioned for long-term success.

Minimizing Tax Liability

Tax liability can be a significant concern for those planning for the future. Our team of experts can help you identify tax-saving strategies that can minimize your tax liability, both during your lifetime and after your passing. We understand that tax laws and regulations are constantly changing, and we remain updated on the latest developments to provide you with the best advice.

Planning for the future can be a complex and emotional process, but it is essential to ensure that your assets and legacy are protected. We are here to help you navigate the process and develop a customized plan that meets your specific needs and goals.  

Our Promise

Our promise is to deliver comprehensive services to our clients to help them achieve their goals. We are committed to providing personalized solutions that meet our clients’ unique needs, while also ensuring compliance with all relevant laws and regulations. We believe in building long-term relationships with our clients and helping them achieve success.

At our firm, we understand the importance of maintaining a balance between the client’s financial goals and their social and environmental responsibilities. We believe in creating sustainable solutions that benefit the client and the community as a whole.

In conclusion, we are an Indian Chartered Accounting firm with a team of experienced senior accountants, auditors, and tax advisors who are committed to delivering comprehensive solutions that enhance the client’s business. We offer a range of services, including estate planning, wills, private trusts, business succession planning, and minimizing tax liability that are designed to help clients plan for their future and ensure that their assets and legacy are protected.

ContactRequest for Proposal

We’re ready to learn about your specific needs.As your business expands and evolves, and complexity increases, investing in an evaluation of your people, processes and technology is a valuable way to prepare for future growth.

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