Tag Archives: #WealthSuccession

Q14.77 Will and inheritance tax planning ?

                                                                                      Will and inheritance tax planning Will and inheritance tax planning Website link… Read More »

Can HUF give gift to its members?

Can HUF give gift to its members Yes, a Hindu Undivided Family (HUF) can give gift to its members. As per the Hindu law, an HUF can make  of its ancestral or self-acquired property to its members. The are typically given by the karta (head) of the HUF on behalf of the family. However, it’s… Read More »

Are gst trusts revocable?

  Introduction Generation-Skipping Trusts (GST) have become a popular estate planning tool, especially for individuals seeking to preserve wealth and pass it down to future generations with minimal tax liability. The primary objective of a GST trust is to bypass one generation and transfer wealth directly to the next (usually grandchildren), avoiding estate taxes that… Read More »