From Trusts to Gifts: How can grandparents effectively leave assets to grandchildren?

From Trusts to Gifts: How can grandparents effectively leave assets to grandchildren?

In India, where family ties are deeply rooted, it’s common for grandparents to think about the future financial well-being of their grandchildren. This cultural tradition stems from a sense of legacy, love, and responsibility. Grandparents, having lived through various financial ups and downs, often want to secure a stable foundation for the next generation. Beyond … Read more

Can I include future inheritance in my Will?

Can I include future inheritance in my Will?

I’m in my 50s and looking to draft my Will. I expect to inherit some assets from my parents, which may include their flat and financial holdings, after their passing. Can I include these future assets in my Will now, or will I need to make a new Will after I inherit them? —Name withheld … Read more

Calpers Posts 9.3% Gain for Fiscal 2024, Driven by Stocks

The California Public Employees’ Retirement System reported a 9.3% gain for its latest fiscal year, with returns driven largely by public equity investments and private debt. The returns, which outpaced a 6.8% annual target, pushed total assets at the biggest US public pension fund to $502.9 billion for the fiscal year ended June 30, Calpers … Read more