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Assets in India & Assets outside India

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Assets in India & Assets outside India
Law governing succession of assets by Inheritance & Will
What is Testamentary Succession & How does it operate ?
What is Intestate Succession & How does it operate ?
Management of Assets (Moveable & Immovable) by Power of Attorney
Income Tax Planning for Assets received by Succession

Tax planning ideas and succession
Joint holders of assets
Taxability of income from assets received under inheritance in India
Taxability on sale of assets received under inheritance
Basic principles relating to formation & succession of HUF
Income tax planning for Hindu Undivided Family (HUF)

Global Assets

Assets out of India : Transmission (Inheritance) of assets governed by laws of respective foreign country.
Assets in India : Transmission (Inheritance) of assets governed by laws of India.

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