A creation of Trust benefits in situations where you wish to have control over your assets. Every parent wants to build assets for their children’s future. But at times, parents have concerns that if they get control of very large […]
Will Consideration for Special Needs Child Parent
A well-written will can resolve many issues related to succession planning. Without a Will, there are higher probabilities of disputes in distribution. The need for a Will is even more important for families with special needs children. Besides distribution, the […]
What If You Die Without a Will?
When you die, leaving behind a Will you ensure that your assets are distributed as per your wishes. A Will prevails over the nomination. By writing a Will, you also ensure that the probability of disputes among your family members […]
Identifying a Suitable Trustee for Your Trust
When forming a private trust for a special needs child, lifelong care the most difficult aspect parents have to address is finding a reliable trustee. Mostly, the next trustee after parents is one of the family members. But that’s not […]
Why a Private Trust for Special Needs Child?
For special needs children, creating a private trust is the most viable option for families. A trust is considered to be an effective estate planning tool when wealth has to be preserved for future generations. With a disabled child, the […]
How to Set Up a Private Trust for Special Needs Care?
In India, a private trust covers the structure of creating a secure future for a special needs dependent. Through a private trust, the parents can choose to manage the child’s affairs as they wish to. It also ensures that the […]