{"id":20639,"date":"2022-12-03T05:21:36","date_gmt":"2022-12-03T05:21:36","guid":{"rendered":"https:\/\/demo.munark.in\/sinhasi\/?p=20639"},"modified":"2025-02-19T05:50:58","modified_gmt":"2025-02-19T05:50:58","slug":"planning-wealth-after-you","status":"publish","type":"post","link":"https:\/\/demo.munark.in\/sinhasi\/inheritance-succession-planning-with-sinhasi\/planning-wealth-after-you\/","title":{"rendered":"What will happen to your wealth after you"},"content":{"rendered":"\t\t
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All of us know death is not a pleasant topic to think or talk about, but we all must understand that it is an eventuality. Therefore, it is important that we do our estate planning such that it is distributed as we would like it to be done. While ostensibly life expectancy has been on the rise since the last 40 years, thanks to advances in medical science, but at the same time, people are also dying young suddenly\u2026 with NO NOTICE, primarily due to cardiac issues.<\/p>

A friend of mine who started running marathons at the age of 40 collapsed during one, despite having prepared over the last two years. Another died on the badminton court trying to destress from office pressure. The premature demise of many prominent actors at their young age, due to a heart attack also brought to the fore, concerns that people are dying younger. Work hard, Play harder has become the mantra for people in corporate jobs, most of whom are typically known to sleep less, starve, work more and work out hard. There is also still no evidence of how Covid affects people with pre-existing health conditions, over the long term.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Requirement of Efficient Estate Planning<\/h4>\nYour family can not get compensated for loss of life. But, at the same time, your hard earned money is for your family and loved ones to help them lead their lives in a better way – better education, better lifestyle, children\u2019s marriage etc. Thus, just like you went about your investments with care, you would like it to be transferred to your loved ones smoothly.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t <\/div>\r\n <\/div>\r\n \t\t\t<\/div>\n\t\t<\/section>\n\t\t
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Most of us put a lot of effort into our earnings and investments. Ultimately it is for the family, but we neglect how efficiently our assets transmit to them.\u00a0Estate planning is as important as investment planning or any other aspects of financial planning<\/strong>. A holistic financial plan is incomplete without Estate planning.<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Mimi Partha Sarathy<\/strong><\/em>
Managing Director,<\/em>
Sinhasi Consultants Pvt. Ltd.<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Broadly, there are two scenarios for the distribution of your wealth after you.<\/p>