How can Lack of Will Creation affect your Family’s Financial Future?
India stands on the precipice of one of the world’s most impactful intergenerational wealth transfers. A significant number of individuals will pass wealth to their successors in the next few years. A Financial Express article highlights that over $1.3 trillion in wealth will pass to the next generation in the coming decade. This unprecedented movement of capital represents both the triumph of India's economic growth and a looming crisis that could tear families apart. The Courtroom Inheritance Problem Behind these staggering numbers lies a troubling reality: India's wealth transfer system is fundamentally broken. The Deccan Herald refers to the national judicial data grid statistics and mentions that more than 78% of the 1,09,93,516 civil cases pending in Indian courts are related to disputes over inheritance and succession. The irony is profound: The very wealth meant to secure families' futures is destroying them instead. Despite India's growing affluence, creating ...