Building an asset or estate usually takes a lot of planning, hard work, patience, and success. Usually, people preserve it for a lifetime and wish to pass it ahead through inheritance. This process is done with peace of mind and considering all possibilities within a family. Not only rich people need to do estate planning but nowadays an average middle class or higher middle-class people also need to have a higher horizon and think about these assets and estate to be inherited in a smooth fashion.
Suze Orman says “Estate planning is an important and everlasting gift you can give your family. And setting up a smooth inheritance isn’t as hard as you might think.”
The purpose of Estate Planning is to protect, prevent and manage your assets from getting into unnecessary family deputies and legal proceedings. In a way it allows you to maintain financial security within your family and other beneficiaries during your lifetime and thereafter.
At VIBHUTE & VIBHUTE Estate Planning is done considering the following aspects:
- Passing on your estate or assets to the family is the biggest gift and should not leave worries or questions behind
- The smooth transaction of this process should provide peace & satisfaction to you and your beneficiaries
- Eliminate internal conflicts and legal proceedings over the distribution of your assets
- Provide for enough liquidity to cover taxes, debts, and other expenses at death without the need to force-sell assets
Vibhute & Vibhute keeps the track of all the major events or regulations that may affect clients Estate planning and timely suggests the right recommendations to ensuring the client’s all objectives are fulfilled.