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What can happen when you do not have a Legal Will?

A Hindu male Mr. Rao died intestate (without a legal Will) in the year 2007, leaving certain properties, survived by his widow, one son and three daughters as the legal heirs and successors to the properties. Some properties are in the name of the widow and she has been managing all the entire properties as…

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Estate Planning – Case Study1

  Mrs. Rao was gifted a house by her parents and it is mutated in her name in the revenue records. She has five sons. The house has two portions and she decided to give each portion to two of her sons who performed the obsequies of her parents and to give some cash and…

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All About a Will….

  Rudyard Kipling’s famous poem , “I keep six honest serving-men (They taught me all I knew); Their names are What and Why and When And How and Where and Who.” is a fairly good approach to think through any problem in life….. So, let us apply the 5 Ws and 1 H in making…

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Why plan and organize one’s legacy?

The only certainty in life is – Death! Yet, I see a lot of people not really planning for the life of their family, after death. We all know someone in our family or friends who have had to go through a lot of stress due to the sudden demise of the head of the…

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What is “Legacy”?

  In the days of yore, legacy meant ancestral trade being passed down from parent to child. This practice continued for centuries till a time came when children chose their trade and moved out of their comfort zones to become who and what they wanted to. The legacy that was left behind was that of…

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Let’s Digitize India – I have taken the first step! Have you?

Dr Rupali Warty “Our Prime Minister Sri Narendra Modi said, ‘lets digitalize India’, I have taken my step towards it and have digitalised my Legacy and hope more and more people take advantage of this wonderful site !!!” When I was introduced to the concept of giftmylegacy for the first time I had mixed reactions,the idea was…

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Importance of Home Loan Insurance

Best teacher is life, it teaches us a lot from the experiences that either we have or others go through from the lessons that we learn we can make our lives better this is a story of a young and successful couple Raghav and Smita. Both of them worked in big MNC’s however Smita had…

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Gift My Legacy – Legacy Services

Also known as the Vault, the legacy service allows you to store your personal and financial information in separate tabs as shown in the image. Our legacy service allows you to not only store all your information on our secure platform but also add executors and a nominee who will make sure that your legacy…

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