Published Sep 13, 2024 at 12:43 PM IST
5 Myths About WILL Making In India | Republic Business
Financial planning encompasses more than just investment and wealth generation; it also involves careful asset management. A crucial aspect of any comprehensive financial plan should be estate planning, specifically creating a WILL.
A WILL is a document detailing how your assets will be distributed after you pass away. Contrary to popular belief, drafting a WILL is a straightforward process that doesn't require lawyers or court visits.
Benefits of making a WILL include:
- Ensuring your wishes are respected after your demise
- Preventing family conflicts and unnecessary legal battles
This video highlights essential considerations for creating a valid WILL, helping you avoid common pitfalls that can render it invalid even after creation.