Learn about estate planning before creating one.
Ensure the will is free from ambiguity and legally compliant.
Make sure you have nominations for all your investments and assets.
Creating a private family trust always helps as it ensures the children's education, health, maintenance, finances, etc.
Ensure smooth transfer of physical properties, especially when they are located in multiple places.
Avoid probation of will hassles by signing a gift deed to make the transfer easy.
The sooner you make a will, the better it is.
Estate planning is also useful when the person is incapacitated due to an accident or illness, besides death.
Compiled By Avijit Gupta