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Children Live Abroad - Parents Lonely In India - How To Secure Your Your Assets & Interests

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Опубликовано:

21 авг 2024

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Комментарии : 29

@Tam-hb7sm Месяц назад

Health insurance probably bad idea as there are lot of conditions and clauses setup by these insurance companies. Premiums are way too high. Better to set aside a lumpsum cost of say 25-50 lacs. This should be done by NRI children for there parents.

@thamalrajagopalan9603 Месяц назад

Thank u very much for this video.But this video is more of general nature instead of giving solution for the issues faced by patents in India like : 1.How the money in Banks can be remitted to NRI,'s .At present it can be done only through banks with payment of TCS @20 %.Then how to get refund from IT. 2.What about the investments made in gold or other moveable asstes. 3.What about the investments made in Mutual Funds in India You reply only talks about immovable property alone but does not cover other asset classes of investments. It is better a elobatrate video is put giving the ground level solution faced by Indian Parents with NRI children .Hope you will understand the point and do the needful in your future videos.

@j.r.6517 Месяц назад

Very informative. Facts of life. Thanks Mr Bhat & Nikhil. 👍😊

@user-me9oj7yc4j Месяц назад

I don't have parents and family so I have decided to leave for PHD and forever.but I've 7 crore assets in india so I'll have to sell.

@nikhilvarg Месяц назад

Please connect with the team if you need further assistance

@rameshkumargv Месяц назад

Very good and informative video. The services from this channel are excellent which helped me to streamline finance for later part of life.

@PD_incredible Месяц назад

Dr.Bhat, Such a brilliant and extremely important topic. I myself is an NRI and planning to retire in India. I noted some of the very importance points from this amazing episode. Thanks for bringing Mr.Nikhil to enlighten us regarding will / nomination etc. You are amazing Dr.Bhat. Thanks

@anilprasanna Месяц назад

Friends trust me you cannot do it alone. Please consult experts in this channel and be their life time clients. Laws change so fast and we cannot keep up. I myself lost my parents in India and we are struggling to navigate never ending process to obtain family tree, legal heir certificate, survivor certificate...one small misstep can cost you lakhs together in penalties.

@NRIMoneyClinic Месяц назад

Thank you so much for your kind words and reposing that trust in our services and members of faculty

@Super_Cool_Guy Месяц назад

*Dont worry the indian government can use your assets 😊*

@sekharkc1 Месяц назад

Conditional Settlement Deed is an option one should consider

@rajagopalanjayakumaran7110 Месяц назад

Can u pl elaborate my 2 Questns- why senior parents need to keep 2yrs living expenses as emergency liquid funds, in addition to adequate Health Ins cover for both? Another point - when NRi children fix a Trust in India for their self-funded real estate property in India, who is the seller later -resident Trust Or NRI (OCI) children for TDS burden?

@nikhilvarg Месяц назад

The idea of liquid funds here would be keep them outside of equity but in debt instruments that are accessible easily without long lock-in. As regards TDS burden on assets in a Trust, it a play on the nature of trust set up. Typically, an irrevocable trust may be viewed as a resident entity but again has to be assessed as per specific facts.

@rajagopalanjayakumaran7110 Месяц назад

Thanks for ur reply

@ramkithirugnanam4257 Месяц назад

Thank you sir❤❤❤❤

@Gtvarkey Месяц назад

What is the tax treatment for trusts compared to individual tax rates?

@dronaacharya Месяц назад

Indifferent. You are not worse off and you are not better. It's tax neutral

@anandmohan4657 Месяц назад

Thanks for the video which explains things very nicely

@susantalahiry7502 Месяц назад

Good information

@slokanath4943 Месяц назад

You mentioned about Senior Citizen's living communities. Is there any organization, NGO kind, which has a directory kind of thing, where we can consult, plan such a need?

@nikhilvarg Месяц назад

Most leading builders have thus wing. do check them out

@slokanath4943 Месяц назад

@@nikhilvarg Instead of going through all such builders, is s there a single place, which can give a bouquet of choice, with pros & cons, it will be easier to choose, depending on our capacity, without missing out a good choice