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Family members discussing and settling their legacy peacefully

5 ways to Settle Family Legacy Without a Feud

Your Last Will and life time earnings & wealth can cause family discord and it is a parent responsibility to make sure that the sibling’s relationship smooth by writing a detailed will. Parents who leave an unequal Will and Wealth can cause family feuds.  1. Define Fair Fair does not mean an equal wealth distribution, but the rationale behind the split. That WHY part needs to be explained in detail, why this asset is divided and distributed.  This is more often you can see in the family who runs the family business. Unequal wealth splitting can cause hard feelings. To avoid the hard feelings, it is the responsibility of the parent to explain the Fairness. 2. List all the Assets you own This is the second major reason for disputes among siblings. If a parent misses out few assets in the will and dividing and distribution of the asset may become a pain point and defeats the purpose of will writing. List everything you own and leave a detailed will about the distribution of the assets. 3. Ask them what they think One son may be attached to the vacation home & Real Estate assets while the other son may be attached to the business.  So before writing your last will, know their perspective on the assets which they want to possess. This will help you to get an idea and their perspective in splitting the wealth. 4. Appoint a Will Executioner  This person may be your family friend, trusted advisor or even an elderly person within Family. Only recommendation is this person should be well wisher, familiar & respected person by all family members.  5. Follow all the Legal Guidelines Will is a legal declaration of your Assets. If any dispute arises, a registered will have a better legal back up. A will can be registered at Sub Registered Office. Also it adds more value it supported by 2 witnesses and a doctor endorsement that the testator is sound mind when he registered this will.  Even an unregistered will also can be attested with 2 witnesses.  One Call Can Change your Finance Forever, Call me for all your Investment and Personal Finance strategies @ 9841058689 Take Control of Your Finances Click the link & Start your Mutual Fund investment  – Right Here, Right Now http://www.assetplus.in/partner/sathishkumar Sathish Kumar Equity Fund Manager | Wealth Consultant | Author Email: creatingwealthadvisory@gmail.com Whatsapp / Call –  +919841058689 http://sathishspeaks.com/ 5 ways to settle Family Legacy without a Feud Click this link and understand all about Will Writing  Click the link & Start your Mutual Fund investment  – Right Here, Right Now http://www.assetplus.in/partner/sathishkumar Sathish Kumar Equity Fund Manager | Wealth Consultant | Author Whatsapp / Call –  +919841058689 Home

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"Smart investments strategies to navigate economic slowdown and secure your future."

Are you doing Smart Investments during this Slowdown?

Almost all my investors who have spoken to me in the last 30 days had only one common question which is – What should i do with my investment on these volatile times? After all the market is filled with news on Economic Slowdown & Volatility which gives lot of nervousness to not only the first time investors and Beginners but also to seasoned Investors.   Also, they are in a panic situation that they are losing their money that they have invested in stock markets and thinking that should they continue with the SIPs? Or Change the Product portfolio / Asset Allocation or Redeem and invest with FD’s? So before you take any action on your existing Portfolio, Answer these 3 Questions If the answer is no – Just keep Investing. Market is dynamic; you can’t predict the levels of the market. Invest for long term and stay patient. With carefully chosen high performance schemes in Mutual Funds or buying Right Stocks – Your investment will yield you higher returns. With the History of Sensex since 1979, over the last 40 years, markets have delivered higher returns whenever market hits the dip. This has happened in the past and History will repeat again. Connect with you Financial Advisor – for your investment Strategies or connect with me on 9841058689 – To increase your Networth and Wealth. Take Your First Step Towards Smarter Investment Decision. Helping people to Increase their Networth and Wealth. Sathish Kumar Equity Fund Manager | Wealth Consultant | Author Email: creatingwealthadvisory@gmail.com Whatsapp / Call –  +919841058689 http://sathishspeaks.com/ http://www.assetplus.in/partner/sathishkumar

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