Some individuals wrongfully think they do not have significant assets that they can pass on to the future generations and undermine the importance of managing family wealth in india. This faulty approach apart from resulting in disputes between the person’s dependants can also lead to taxation issues. One of the most important aspects of private wealth management is estate planning. Whether you live in a modest one-bhk apartment or own multiple properties in posh locations around the...
Showing posts with label family wealth in india. Show all posts
Showing posts with label family wealth in india. Show all posts
Monday, 16 October 2017
Tuesday, 26 July 2016
4 Factors Why Wealth Management is necessary for Family Offices
Family offices are an outsourced solution for financial and investment management of affluent families or individuals. Primary factors to establish a family office include: need to preserve family wealth, consolidation of assets, ensuring transfer of wealth to future generations and dealing with unexpected liquidity influxes. Private wealth management advisors are employed by family offices to review...
Thursday, 28 August 2014
Managing Wealth with Family Offices in India
Did you know how many Indians were there in the Forbes top 100 billionaire’s 2014 real time ranking list? There were 4 names including those of Mukesh Ambani, Dilip Sanghvi, Laxmi Mittal and Azim Premji in the top 100.In fact, Ambani presently holds the 27th position in the list which means that he has also made it to the top 50 billionaires globally.
We all know that gaining wealth is tough but after accumulating such wealth the toughest job is to maintain it. As the value of money...
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