#TaxmannWebinar

Описание: #TaxmannUpdates #Succession #StampDuty #Inheritance #Intestate

📋 Coverage of the Webinar:
✔️ Background and Overview
• Need and benefits of succession planning
• Modes of succession planning
• Hanging sword of inheritance tax
• Who would be the legal heir/surviving member if the deceased person writes no Will?
✔️ Laws Governing Succession Planning
• Tax laws
• Other applicable laws
• Registration and Stamp Duty
• Probate requirement
✔️ Common Issues/Challenges Faced by Families in Succession Planning
• Generation gap
• Lack of effective communication
• Taboo/stigma associated with the concept of talking about planning about this facet of life
• Distribution of the assets of the HUF if deceased was the Karta of the Hindu Undivided Family?
✔️ Overview of Different Modes
• Private trusts
• Wills/testamentary documents – If Will provides only for distribution of some assets of the deceased. How should the remaining assets be distributed?
• Family settlement
✔️ How Should One Deal with Succession Planning Aspect?
• Domestic vs offshore
• Helps in streamlining different business segments
• Prevents potential disputes
• It depends on facts and circumstances of each case: No one-size-fits-all approach
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📢 Speaker:
• Bijal Ajinkya – Partner | Khaitan & Co.
Ms Ajinkya is a Partner in the Direct Tax, Private Client and Investment Funds Practice Groups in the Mumbai office of Khaitan & Co with over 20 years of experience.
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00:00 Introduction
02:05 Trends in succession planning
05:23 Legal Milestone & Landscape
10:28 What's in the News about succession planning
12:03 3W of succession planning – Why, Who, When and How?
13:46 Why are you planning?
14:28 Challenges or Roadblocks Faced by Families in Succession Planning
17:37 Examining some curious cases
18:16 Tools of succession planning
19:56 Overview and Legal Framework of Trusts
21:25 Types, Benefit and Taxation of Trusts
26:03 Offshore Trusts | Key Issues and Consideration
26:50 Overview of Will
31:07 Other Tools to Succession Planning – HUF, Family Constitution, Shareholders Agreement
34:15 Snapshot of a Succession Planning
35:32 QnA Session
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