They don’t just play with them but also want to secure their future financially. Most of them give the money meant for the grandchildren to the latter’s parents. Investing in the name of grandchildren directly, unless the grandparents are their legal guardians, is not simple. Take the case of Bengaluru-based Naga Subramanian. His father bought … Read more
Securing our family’s future is topmost priority for most of us. Alongside taking insurance policies and making investments, there is a crucial step in this—estate and succession planning to ensure our family inherits our assets without delays, hardship, or confusion. Yet, this aspect is often neglected due to the anxiety and discomfort arising from contemplating … Read more
In the event of my death, I don’t want my son to receive the entire amount in my mutual fund (MF) investments, bank accounts and term insurance payout in one go. How do I ensure that he gets the money in phases like how it happens through an MF systematic withdrawal plan (SWP)? Can you … Read more
With the rising expenses of higher education in India, financial planning for parents has become a priority, in order to provide quality education for their children. Early planning in terms of where to allocate your funds for children gives more time to consider different investment avenues and develop a reliable investment strategy. Systematic Investment Plans … Read more