HEIR

Readers estate planning queries answered.

Bahujan Samaj Party (BSP) chief and former Uttar Pradesh Chief Minister Mayawati reversed her decision on Sunday and announced Akash Anand as her successor. BSP spokesperson Sarvar Malik informed that Akash Anand will assume the role of national coo...

Public Provident Fund is a popular long-term savings scheme offering tax benefits and attractive interest rates. Here’s how nominees or legal heirs can claim a PPF account on the death of the subscriber.

Chirag Paswan's victory in Bihar's recent elections under LJP (RV) marked his resilience. Elected as the LJP (RV) Parliamentary Party leader, he remains committed to his father's vision, aiming to transform the state with the 'Bihar first, Bihari fi...

This isn't the first occasion that the two have been seen together. The couple has been spotted at a concert and, more recently, at the Rodin Museum in Paris. Arnault is the third son of Bernard Arnault, the CEO of Louis Vuitton, the world's largest...

As one ages, it becomes clear that the couple won’t leave the world together. Typically, the husband worries about the wife’s ability to manage money, while the wife worries about the husband’s ability to manage food and health. However, neither coo...

Chirag Paswan's bid for the Hajipur Lok Sabha seat signifies a crucial moment as he seeks to assert his father's political legacy. Facing opposition from his uncle's faction and criticism over ticket distribution, Chirag navigates one of his toughes...

Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.

BSP leader Mayawati announced on X that her nephew, Akash Anand, has been removed as her political heir and from his role as National Coordinator of the BSP until he matures.

In an interview with ANI, VK Pandian said that Naveen Patnaik is contesting from two constituencies in the assembly polls even as people of the state want him to contest from all the assembly seats. He said the Chief Minister selects one extra const...

What is inheritance tax: When someone passes away, it's important to understand that there are two types of taxes that may apply - estate and inheritance taxes. Estate taxes are calculated based on the total value of the deceased person's possession...

Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.

Readers' estate planning queries answered.

Do you have a share in a property which is not being given to you by other legal heir(s)? This may be because there is no will left by the individual in their self-acquired property. It may also happen that your share in property is in an ancestral ...

Raj Lakhotia, Founder, Dilsewill answers readers' estate planning queries.

The assignment of a nominee is sufficient to facilitate transactions in mutual funds and shares, as the same will be transferred to the nominee’s name following the demise of the investor.

Readers' estate planning queries answered.

If a legal heir wants to challenge a will, it can only be done in accordance with the Indian Succession Act, 1925. This succession law deals with how a will should be made, grounds on which a will can be challenged. Read on to know on what basis a w...

Assuming that the property was self-acquired, in the absence of a will, it will go to all class I legal heirs of your grandfather.