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Home/Glossary/Estate Tax

Legacy

Estate Tax

A levy on the transfer of the estate of a deceased person, calculated on the total net value of all assets.

In More Detail

While India currently does not levy estate tax, lifecycle planners monitor trends to advise client structures.

Related Terms

Succession Planning

The process of identifying and preparing individuals to take over ownership roles in a business or estate.

Trust

A fiduciary arrangement that allows a third party (trustee) to hold and manage assets on behalf of beneficiaries.

Recent Articles in Legacy

Your Parents left you Shares and Mutual Funds. Now What?

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Ensure your wealth reaches the right hands.

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