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Estate Planning for NRIs – N.D. Savla & Associates

For Non-Resident Indians (NRIs), managing wealth across borders goes beyond taxation — it requires proper planning for succession and transfer of assets. Estate planning for NRIs in India ensures that properties, bank deposits, investments, and businesses are smoothly passed on to the next generation without legal disputes or compliance issues. At N.D. Savla & Associates, we provide specialized NRI estate planning services, including wills, family trusts, and succession planning, tailored to both Indian and international regulations.

Overview

Estate planning involves structuring your wealth in India to ensure a smooth transfer to heirs and beneficiaries. This includes drafting wills, creating trusts, planning for tax efficiency, and ensuring FEMA and RBI compliance for cross-border inheritance. Proper planning avoids legal delays, family disputes, and unnecessary tax burdens.

Features

  • Drafting and registration of wills for NRIs in India

  • Creation and management of family trusts for succession planning

  • Advisory on succession laws applicable to NRIs (Hindu Succession Act, Indian Succession Act, etc.)

  • Structuring assets to minimize tax liabilities on transfer

  • Assistance in probate, legal heirship, and succession certificates

  • FEMA compliance for repatriation of inherited wealth abroad

Documents Required

  • Passport & PAN card

  • Will / Trust deed (if already prepared)

  • Property ownership papers

  • Bank deposit details & investment proofs

  • List of heirs and beneficiaries with identity documents

  • Death certificate of deceased (if applicable)

  • Succession certificate / probate order (if applicable)

Procedure

  • Asset Review – Identify all movable and immovable assets in India.

  • Succession Planning – Draft a will or create a trust to distribute assets as per the NRI’s wishes.

  • Legal Compliance – Ensure will/trust complies with Indian succession laws and FEMA rules.

  • Execution & Probate – Assist in registering the will or obtaining probate/succession certificates if required.

  • Tax & FEMA Planning – Compute potential tax liabilities and structure for smooth inheritance and repatriation.

  • Ongoing Advisory – Update plans as per changes in law or family circumstances.

Why This Matters

Without proper estate planning, NRIs risk family disputes, court delays, and difficulties in transferring or repatriating assets. With N.D. Savla & Associates, you can ensure that your wealth in India is protected, transferred seamlessly, and compliant with both Indian tax laws and FEMA regulations.