Why Will Is Important? 2 Consequences of Not having a WILL Not as - PowerPoint PPT Presentation

Why Will Is Important? 2

Consequences of Not having a WILL • Not as per your wishes – Respective succession laws – Hindu Succession Act, 1956 – Indian Succession Act, 1025 – Shariah Law • Unwanted distress – Succession certificate / LOA • Costly affair – 3% to 5% of overall assets • Lost in transmission • Bitter family feuds & legal hassles

WILL- A Simple Solution for Estate Planning • Include All your Assets – Common & Uncommon Assets • Synchronise Nominations – Nomination Laws are inconsistent • Guardian for minor – In the absence of Natural Guardian • Appoint an Executor – Legally responsible to follow your wishes • Registration of WILL – It establishes the authenticity of the person’s signature

Dos & Don’ts in Wealth Management 5

Dos- Factors to Consider before Investing • Uncomplicated – simplify the technical subject • Liquidity – Investment should be Liquid able within 72 hrs • Transparency • Risk – should be a number and not just low, medium & high • Taxation – Efficient Tax Planning

Don’ts - Few Common Mistakes – Anand Rathi Wealth belief • Unit Linked Insurance Plan(ULIP) • Close Ended Funds – no option to exit before maturity • Private Company Fixed Deposit – inefficient post tax returns • Private Equity Funds – unregulated market, lack of info

Anand Rathi Wealth Approach • Set Long- Term Goal • Create a Well Thought out Strategy • Stress Test The Strategy • Monitor the Strategy on Regular Intervals • Make Changes ONLY if its required

Anand Rathi adopts the Balance Sheet approach? • Wealth is your entire balance sheet • We suggest a customized financial strategy created based on your total balance sheet • Consistent returns which are tax efficient • Objective based plan with Cash Flows • Emergency Funds Provision • Uncomplicated Approach

If you have any Questions or need any help Please feel free to reach me on atuljain1@rathi.com or 9833903706 THANK YOU This presentation has been issued by FFreedom Wealth Solutions Private Limited (FWSPL), which is regulated by SEBI. The information contained herein is from publicly available data or other sources believed to be reliable; FWSPL however does not warrant the accuracy, reasonableness and/or completeness of any information. This presentation does not constitute an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. This presentation is provided for assistance only and is not intended to be and must not alone be taken as the basis for an investment decision. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this presentation. Investors should seek financial advice regarding the appropriateness of investing in any financial instrument or investment strategies discussed or recommended in this presentation and should understand that statements regarding future prospects may not be realized. FWSPL and its affiliates may trade for their own accounts as market maker and/or arbitrageur in any financial instrument or in related investments mentioned in this presentation. FWSPL, its affiliates, directors, officers, and employees may have a long or short position in any financial instrument or in related investments mentioned in this presentation. The recipient alone shall be fully responsible / liable for any decision taken on the basis of this material. Investors should note that income from financial instruments mentioned in this presentation, if any, may fluctuate and that each instrument's price or value may rise or fall. Past performance is not necessarily a guide to future performance. FWSPL (including its affiliates) and any of its officers directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, punitive, special, exemplary, consequential, as also any loss of profit in any way arising from the use of this material in any manner. This presentation is prepared for private circulation. No part of this material may be duplicated in whole or in part in any form and /or redistributed without the prior written consent of FWSPL. This material is strictly confidential to the recipient and should not be reproduced or disseminated to anyone else. The distribution of this presentation in certain jurisdictions may be restricted by law, and persons in whose possession this presentation comes, should observe, any such restrictions.