We are full service firm focuses in domain of Business Setup in India, FEMA, Expatriates Taxation, Accounting Outsource, International Taxation, Auditing, Transaction advisory and so on.
Underpinned by our values and with our global presence, we serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
Legitimacy, Legitimation and Adoption under Private International Lawcarolineelias239
For matters concerning children, and their succeeding rights over parental property is being questioned on the basis of legitimacy or illegitimacy. Legitimation is allowed to convert the status of illegitimacy ti legitimate. Adoption also assures the welfare of the children.
Legitimacy, Legitimation and Adoption under Private International Lawcarolineelias239
For matters concerning children, and their succeeding rights over parental property is being questioned on the basis of legitimacy or illegitimacy. Legitimation is allowed to convert the status of illegitimacy ti legitimate. Adoption also assures the welfare of the children.
Adoption is an intricate process, but it is also a rewarding one. The feeling of being able to be a parent to a child is incomparable to any other experience, and there continue to be large numbers of children, both newborn and older children, who are in need of loving adoptive homes.
Are you a military servicemember with children? Or are you married to a servicemember and want to understand what happens with child custody?
In this guide for Military Parents in New Jersey, find out how state and federal laws and branch policies affect child custody, visitation and support for military families:
- What are military parent's rights in New Jersey?
- What protections are there for servicemembers on active duty in Child Custody cases?
- What happens with servicemember's child custody and parenting time?
- What about military benefits for the children of servicemembers?
- and more.
Termination of Parental Rights in Tennessee - Part1Stan Bennett
In the State of Tennessee your parental rights can be legally terminated voluntarily or involuntarily. Learn more about termination of parental rights in Tennessee in this presentation.
Land Law Educational Webinar hosted by Jamie Quirke BBL LLM for LawSwot Easter Webinar Series.
This slide covers wills, property issues, partnership breakdowns and conflicts.
For more details visit our webinar section on http://lawswot.com/
ths ppt is based on testamentary guardianship sec 9 of hindu adoption and guardianship act
it includes difinition, poweres.need ,when testamentary guarduian is appointed n by whom?who can b appointed as a testamentary guardian.
Termination of Parental Rights in Tennessee: The Involuntary Termination ProcessStan Bennett
If you are at risk for having your parental rights terminated by the State of Tennessee you should consult with an experienced family law attorney immediately. Learn more about termination of parental rights in Tennessee in this presentation.
Military Divorce 101: An introduction to Military Divorce in New Jersey. Find out about the military divorce process in NJ, considerations for military servicemembers and their spouses (whether deployed or located at the Lakehurst/Fort Dix base), child support, alimony, and more.
Whether you are in the military and considering divorce or if you are a military spouse who needs to learn more, this military divorce 101 presentation will help. Find out about how federal laws and branch policies affect the New Jersey divorce process; learn about payment of child support or spousal support (alimony), discover issues in child custody and parenting time, distribution of property and military benefits in divorce.
Adoption can be legal as well as illegal in India(Only Legal adoption recognized and Valid).
Under Indian law adoption is legal coalition between the party willing for adoption and a child,
Subject matter of ‘personal law’ where Hindu, Buddhist, Jaina or Sikh by religion can make a legal adoption.
No separate adoption laws for Muslims, Christians and Parsis, so they have to approach court under the Guardians and Wards Act, 1890 for legal adoption.
According to section 2(aa) of the Juvenile Justice (Care and Protection of Children) Amendment Act, 2006, “adoption means the process through which the adopted child is permanently separated from his biological parent and becomes the legitimate child of his adoptive parents with all right, privileges and responsibility that are attached to the relationship”.
Find out about LGBT divorce and family law matters in New Jersey. Learn about:
- history of same sex marriage in NJ
- civil unions, domestic partnership and gay marriage in New Jersey
- terminating a civil unions
- LGBT divorce and alimony
- property division: domestic partnership vs LGBT marriage
- Same sex couples and child custody, psychological parents and coparenting
- and more!
Adoption is an intricate process, but it is also a rewarding one. The feeling of being able to be a parent to a child is incomparable to any other experience, and there continue to be large numbers of children, both newborn and older children, who are in need of loving adoptive homes.
Are you a military servicemember with children? Or are you married to a servicemember and want to understand what happens with child custody?
In this guide for Military Parents in New Jersey, find out how state and federal laws and branch policies affect child custody, visitation and support for military families:
- What are military parent's rights in New Jersey?
- What protections are there for servicemembers on active duty in Child Custody cases?
- What happens with servicemember's child custody and parenting time?
- What about military benefits for the children of servicemembers?
- and more.
Termination of Parental Rights in Tennessee - Part1Stan Bennett
In the State of Tennessee your parental rights can be legally terminated voluntarily or involuntarily. Learn more about termination of parental rights in Tennessee in this presentation.
Land Law Educational Webinar hosted by Jamie Quirke BBL LLM for LawSwot Easter Webinar Series.
This slide covers wills, property issues, partnership breakdowns and conflicts.
For more details visit our webinar section on http://lawswot.com/
ths ppt is based on testamentary guardianship sec 9 of hindu adoption and guardianship act
it includes difinition, poweres.need ,when testamentary guarduian is appointed n by whom?who can b appointed as a testamentary guardian.
Termination of Parental Rights in Tennessee: The Involuntary Termination ProcessStan Bennett
If you are at risk for having your parental rights terminated by the State of Tennessee you should consult with an experienced family law attorney immediately. Learn more about termination of parental rights in Tennessee in this presentation.
Military Divorce 101: An introduction to Military Divorce in New Jersey. Find out about the military divorce process in NJ, considerations for military servicemembers and their spouses (whether deployed or located at the Lakehurst/Fort Dix base), child support, alimony, and more.
Whether you are in the military and considering divorce or if you are a military spouse who needs to learn more, this military divorce 101 presentation will help. Find out about how federal laws and branch policies affect the New Jersey divorce process; learn about payment of child support or spousal support (alimony), discover issues in child custody and parenting time, distribution of property and military benefits in divorce.
Adoption can be legal as well as illegal in India(Only Legal adoption recognized and Valid).
Under Indian law adoption is legal coalition between the party willing for adoption and a child,
Subject matter of ‘personal law’ where Hindu, Buddhist, Jaina or Sikh by religion can make a legal adoption.
No separate adoption laws for Muslims, Christians and Parsis, so they have to approach court under the Guardians and Wards Act, 1890 for legal adoption.
According to section 2(aa) of the Juvenile Justice (Care and Protection of Children) Amendment Act, 2006, “adoption means the process through which the adopted child is permanently separated from his biological parent and becomes the legitimate child of his adoptive parents with all right, privileges and responsibility that are attached to the relationship”.
Find out about LGBT divorce and family law matters in New Jersey. Learn about:
- history of same sex marriage in NJ
- civil unions, domestic partnership and gay marriage in New Jersey
- terminating a civil unions
- LGBT divorce and alimony
- property division: domestic partnership vs LGBT marriage
- Same sex couples and child custody, psychological parents and coparenting
- and more!
In the unlikely event that you manage to go through your entire life without ever being an interested party to the probate of someone else’s estate, you should still familiarize yourself with the probate process as it will be of benefit to you when you are planning your own estate. Learn more about Illinois probate process in this presentation.
Florida Last Will and Testament: The Basics. Learn the ins and outs of Wills, including the important clauses, and the different types of Wills. Last Will and Testaments are an important part of Estate Planning. This presentation is brought to you by Gadiel A. Espinoza, LAW, a Miami Estate Planning Attorney.
One of the great misunderstandings is how assets in trusts are dealt with in the Family Court. Are they excluded or are they in?
Asset pools in these cases can be significant, so before you suggest a particular asset-holding structure for a client, it’s important to know what the answer is.
In this webinar for Accountants we look at some case examples and cover the important questions, such as:
- How is property settlement determined?
- What is “property” and what is a “financial resource”?
- What power does the Family Court have to deal with Trusts?
- What, if anything, can be done to remove a Trust from the Court’s reach?
Note: prices shown in the video might not be reflective of our current prices. Please, refer to the website https://www.michaellynchfamilylawyers.com.au for updated information. Thank you.
Cases where gst inputs are not availablevjmglobal1
We serve on FDI advisory, cross-border accounting, International tax planning, and Management consulting needs of our overseas clients all over the world.
We serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
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We serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
We serve on FDI advisory, cross-border accounting, International tax planning, and Management consulting needs of our overseas clients all over the world.
We serve on FDI advisory, cross-border accounting, International tax planning, and Management consulting needs of our overseas clients all over the world.
Demand order passed without giving opportunity of beingvjmglobal1
We serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
We serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
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We are full service firm focuses in domain of Business Setup in India, FEMA, Expatriates Taxation, Accounting Outsource, International Taxation, Auditing, Transaction advisory and so on.
Underpinned by our values and with our global presence, we serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
https://vjmglobal.com/
We are full service firm focuses in domain of Business Setup in India, FEMA, Expatriates Taxation, Accounting Outsource, International Taxation, Auditing, Transaction advisory and so on.
Underpinned by our values and with our global presence, we serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
We are full service firm focuses in domain of Business Setup in India, FEMA, Expatriates Taxation, Accounting Outsource, International Taxation, Auditing, Transaction advisory and so on.
Underpinned by our values and with our global presence, we serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
https://vjmglobal.com/
We are full service firm focuses in domain of Business Setup in India, FEMA, Expatriates Taxation, Accounting Outsource, International Taxation, Auditing, Transaction advisory and so on.
Underpinned by our values and with our global presence, we serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
https://vjmglobal.com/
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We are full service firm focuses in domain of Business Setup in India, FEMA, Expatriates Taxation, Accounting Outsource, International Taxation, Auditing, Transaction advisory and so on.
Underpinned by our values and with our global presence, we serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
https://vjmglobal.com/
We are full service firm focuses in domain of Business Setup in India, FEMA, Expatriates Taxation, Accounting Outsource, International Taxation, Auditing, Transaction advisory and so on.
Underpinned by our values and with our global presence, we serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
https://vjmglobal.com/
We are full service firm focuses in domain of Business Setup in India, FEMA, Expatriates Taxation, Accounting Outsource, International Taxation, Auditing, Transaction advisory and so on.
Underpinned by our values and with our global presence, we serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
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We are full service firm focuses in domain of Business Setup in India, FEMA, Expatriates Taxation, Accounting Outsource, International Taxation, Auditing, Transaction advisory and so on.
Underpinned by our values and with our global presence, we serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
We are full service firm focuses in domain of Business Setup in India, FEMA, Expatriates Taxation, Accounting Outsource, International Taxation, Auditing, Transaction advisory and so on.
Underpinned by our values and with our global presence, we serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
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We are full service firm focuses in domain of Business Setup in India, FEMA, Expatriates Taxation, Accounting Outsource, International Taxation, Auditing, Transaction advisory and so on.
Underpinned by our values and with our global presence, we serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
We are full service firm focuses in domain of Business Setup in India, FEMA, Expatriates Taxation, Accounting Outsource, International Taxation, Auditing, Transaction advisory and so on.
Underpinned by our values and with our global presence, we serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
We are full service firm focuses in domain of Business Setup in India, FEMA, Expatriates Taxation, Accounting Outsource, International Taxation, Auditing, Transaction advisory and so on.
Underpinned by our values and with our global presence, we serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
We are full service firm focuses in domain of Business Setup in India, FEMA, Expatriates Taxation, Accounting Outsource, International Taxation, Auditing, Transaction advisory and so on.
Underpinned by our values and with our global presence, we serve on FDI advisory, cross-border accounting, International tax planning and Management consulting needs of our overseas clients all over the world.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
[Note: This is a partial preview. To download this presentation, visit:
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Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
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Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
2. 1. Succession Planning for Business
By WILL
By Operation of Law
2. Importance of Insurance
3. Nominee V/s Legal Heirs
4. Check List for Family Member
4. Business
➢ Reason behind engaging in business is to earn profit
and create wealth.
➢ In India most of the businesses are family oriented
businesses whether it is in corporate or non -
corporate structure.
5. Business Structure in India
➢ Non Corporate
✓Proprietorship Firm
✓HUF
✓Partnership Firm
➢ Corporate
✓ Companies (Public/Pvt. Ltd) / (Listed/Unlisted)
✓ Limited Liability Partnership Firm
6. Business
➢ Succession generally means the transmission of the
property and the transmissible rights and obligations
of the deceased.
➢ Under Business Succession the ownership and
management are transferred to the legal heir.
➢ It could either be by way of a WILL or by the
Operation of Law.
Cont..
7. Business
Succession could be testamentary or intestamentary.
➢ When it is by way of a WILL of the deceased, then it
is called a testamentary succession.
➢ When it is by operation of law (i.e., when no WILL),
then it is called intestamentary succession.
9. ➢ A will indicates a wish, desire of a person by which
he transfers his wealth and assets between the
legal heirs.
➢ A document that specifies the distribution of wealth
and assets between the legal heir and others after
the death of the Testator i.e (Will executor)
10. Characteristics:
➢ Legal declaration of intention.
➢ Declaration of testator’s Wealth.
➢ Enforceable only after death.
➢ Revoked at any time by the testator in his lifetime.
➢ Revised n number of times.
11. Why do we require a WILL?
If you have WEALTH you need a WILL
➢ To pass on the wealth only to those people to whom
he wants and avoid others.
➢ To eliminate disputes on succession.
➢ To reward non-family members.
12. Who can make a WILL?
➢ Any major person who is of sound mind.
➢ Deaf/dumb/blind people can make a WILL provided
they know what they are doing, e.g., a WILL made
by a blind person in Braille script.
➢ A married woman can also make a WILL.
➢ WILL made by a person who is heavily drunk and
not in his senses is not a valid WILL.
13. Probate of a WILL
➢ Certified copy under the seal of a competent court
➢ Decree passed by a competent court declaring the
legality/correctness and genuineness
14. Is Probate Mandatory
➢ WILL is made in the State of West Bengal, Bihar,
Orissa, Assam, NCR of Delhi and municipal limits of
metro cities.
➢ WILL made outside above territories but property is
situated in above territories.
15. Register the WILL
➢ WILL registration is not mandatory.
➢ Advisable to registered for creating its authenticity.
➢ No stamp duty payable on Registration, only fee
required to pay.
➢ Both registered and unregistered WILL can be
probated.
17. Applicable laws in India for succession.
There are different laws for different communities.
➢ For Hindus, Sikhs, Buddhists and Jains: Hindu
Succession Act, 1956
➢ For Muslims: Muslim Law
➢ For Christians, Parsis, Jews and any community
other than Hindus, Muslims, Sikhs, Buddhists and
Jains : Indian Succession Act, 1925
18.
19. Rule of Inheritance under Hindu
Succession contains
Order for Inheritance
1st - Class 1 legal heir
2nd - Class 2 legal heir class 1 heir
3rd - Agnates
4th - Cognates
20. List of Class I legal Heirs
➢ Son,
➢ Daughter,
➢ Widow,
➢ Mother,
➢ Son / daughter of a predeceased son/daughter (i.e
Grandson and Granddaughter),
➢ Widow of a predeceased son,(i.e Daughter-in-Law)
Cont..
21. List of Class I legal Heirs
➢ Son/daughter/widow of a predeceased son of a
predeceased son (i.e Son/daughter/widow of
Grandson)
Note:
• The above Class I heirs take the property
simultaneously and in priority succession to all other
heirs.
Cont..
22. List of Class I legal Heirs
• The intestate’s widow and if there are more than one
such widow, then all of them taken together, take one
share. The widow is permitted to receive this share
even if she subsequently remarries.
• The intestate’s children, mother, and widow each
take one equal share. It does not matter whether the
daughter is unmarried or married.
• The heirs in the branch of each predeceased child
take one share between them.
23. List of Class II legal Heirs
➢ Father
➢ Son’s daughter’s children; Brothers; Sisters
➢ Daughter’s grandchildren
➢ Children of Siblings
➢ Father’s parents
➢ Father’s widow (step-mother), Brother’s widow
➢ Father’s siblings
Cont..
24. List of Class II legal Heirs
➢ Mother’s parents
➢ Mother’s siblings
Note: Among the heirs specified in Class II, those in
the first entry take the property simultaneously and in
exclusion to those in the subsequent entries and soon
and so forth. Thus, if the father is surviving, he takes
the property in exclusion to all other Class II heirs. All
the heirs specified in one entry get an equal share in
the property.
25. Agnates
Two people are called Agnates of each other if they
are related (by blood or by adoption) wholly through
males.
Cognates
On the other hand, two people are called Cognates of
each other if they are related (by blood or by
adoption) but not wholly through males.
26. Female Intestate Succession
➢ Any property acquired by a Hindu female shall be
held by her as full owner and not as a limited owner
as earlier.
➢ Whether immovable or moveable.
➢ A female Hindu has absolute power to deal with her
property and she can dispose of her property by
way of a will, gift, etc.
27. Succession under HUF
On the death of a male Hindu, his interest in a Hindu
Undivided Family (HUF) passes by any one of the
following two modes:
➢ If no WILL is prepared in respect of the undivided
share, then it devolves by rule survivorship upon the
other surviving members.
Thus, if a father dies, then his interest in the HUF
will devolve by survivorship upon the other HUF
members.
Cont..
28. Succession under HUF
➢ As per the Hindu Succession Act,
Share in the HUF can be willed away.
However, it is important to remember that this
provision can only apply if the Hindu has not
already disposed of his interest in the HUF by way
of a WILL.
29. Share of Daughter
➢ A Hindu daughter would become a co-parcener in
the HUF property.
➢ If there is a partition of the HUF, she is entitled to an
equal share same as son.
➢ In case of a pre-deceased daughter eligible for such
a share, her share would be allotted to her surviving
children.
➢ Also become a KARTA in Father HUF even after her
marriage
34. Purpose of Insurances
➢ In several cases, the deceased has made a
nomination and he has also made a will.
➢ question which often arises is which is superior - the
will or the nomination made by the deceased
member
➢ The nomination continues only till the will is
executed
➢ Nomination does not confer any permanent right
upon the nominee nor does it create any legal right
in his favour
36. Immediate Action
Possession of the following belongings of the
deceased person
➢ Mobile Phone
➢ Email Id assess
➢ Chequer Books
➢ Debits and Credit Cards
37. Consolidation of documents and Importance details
➢ With regards to bank
✓ Account number saving account and PPF A/c’s
✓ Post office saving scheme, National Saving
Certificates
✓ Bank locker details
✓ Nominee details
✓ Details of Deposit
Cont..
38. Consolidation of documents and Importance details
➢ With regards to Investments
✓ Nature of Investment
❖ Immovable Properties
❖ Mutual Funds, ULIP & SIP
❖ LIC
❖ Share in Listed Co. or Unlisted Co.
❖ PPF, Post office saving scheme, NSC
Cont..
39. ❖ Jewelleries other Metal Precious Metals
❖ Crypto Currency
✓Details of Co. in which funds are invested in case of
Share, Mutual Funds, ULIP & SIP and LIC’s
✓Folio Number, certificate Number (must in case of
unlisted companies)
✓Details of Active Investment i.e Premium or Amount
invested regularly as per payment plan choice.
Cont..
40. ✓ Details of Inactive Investment i.e one time payment
plan investment.
✓ Details of Liabilities against the Investment i.e Home
Loan, details of Policy against the home loan if any
✓ Ensure Nomination in Bank Account, Deposit Scheme,
De-mat Accounts, Life & Medical Policies etc.
✓ Nomination for Social Media accounts
In the digital era the details of every person are
linked with their email id and phone number. Even
banks are also sharing their confidential details on
registered email ids and phone numbers.
41. THANK YOU
FCA Kavit Vijay
99118 87030
kavit@vjmglobal.com
V J M & Associates LLP
405-406, 4th Floor, Raja House, Nehru Place, Delhi – 110019
011-41715118/19