About Service
Estate Planning
Effective Estate Planning is a process that deals with the accumulation, conservation and distribution of an estate. The overall purpose of estate planning is to develop a plan that will enhance and maintain the financial security of Individuals and their families
Estate Planning is for Every one – not only for Wealthy
It answers following questions
- How do you want your property to be distributed?
- Who should get how much share from your property?
- Who will manage your care?
- What happens to the liabilities? Who will repay them?
- Is the money enough to sustain your spouse for lifetime?
- How can you provide for charity you wish to do?
Avoiding Intestate Issues
Dying without a will means your property is distributed by state laws, which may not reflect your wishes. This can cause disputes and financial burdens for your family. Estate planning prevents these issues by clearly outlining your wishes and reducing conflicts.
Elysian Investment Advisory, with its legal professionals, will help you create a plan to manage and distribute your assets as you desire.
Determine Estate planning goals
A proper estate planning ensures distribution and preservation of one’s legacy with minimal disputes. If one has not prepared its estate plan then there are more chances of unsatisfactory distribution by some legal heirs
Avoiding Intestate Issues
Dying without a will means your property is distributed by state laws, which may not reflect your wishes. This can cause disputes and financial burdens for your family. Estate planning prevents these issues by clearly outlining your wishes and reducing conflicts
Applicable laws
The Hindu Succession Act, 1956 as amended in 2005, The Indian Succession Act.1925
Tools for Estate Planning
• Will • Nomination
During the lifetime of the individual:
• Family Settlement • Trust • Guardianship
• Joint Holding • Gift • Power of Attorney
• Mutation
Optimise your estate planning
Tax management can help ensure a smooth transfer of wealth to future generations.
This can be done through various strategies such as gifting, trusts, Will. and life insurance. Doing so can even help reduce tax liability, meaning you can pass on more to your loved ones
Continuous Support and Guidance
Estate planning is ongoing. We provide continuous support with regular reviews and updates to keep your plan effective and relevant as your financial situation or family dynamics change.
Ready to take control of your finances and achieve your goals?
Contact us today to learn more about our services.
Why choose us
Dreams Come True When You Invest
Expertise and Personalized Approach
Our team of experienced financial advisors provides personalized advice tailored to your unique financial situation and goals. We take the time to understand your needs and create customized strategies to help you succeed.
Comprehensive Support
From budgeting to strategic planning, we offer comprehensive support to help you manage your finances effectively. Our continuous guidance ensures you stay on track and adapt to any changes in your financial situation.
Focus on Long-Term Growth
We prioritize long-term financial growth by helping you make prudent investment decisions and resist unnecessary spending. Our strategies are designed to build wealth and secure your financial future.