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

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

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Күн бұрын

#nri #nrimoneyclinic #incometaxreturn
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Video Links
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Пікірлер: 31

@Tam-hb7sm Ай бұрын

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 Ай бұрын

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.

@thatswhaticallmusic252 15 сағат бұрын

Do you think he can answer ?.

@j.r.6517 Ай бұрын

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

@PD_incredible Ай бұрын

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 Ай бұрын

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 Ай бұрын

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

@sekharkc1 Ай бұрын

Conditional Settlement Deed is an option one should consider

@user-me9oj7yc4j Ай бұрын

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 Ай бұрын

Please connect with the team if you need further assistance

@Super_Cool_Guy Ай бұрын

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

@rajagopalanjayakumaran7110 Ай бұрын

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 Ай бұрын

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 Ай бұрын

Thanks for ur reply

@anandmohan4657 Ай бұрын

Thanks for the video which explains things very nicely

@ramkithirugnanam4257 Ай бұрын

Thank you sir❤❤❤❤

@rameshkumargv Ай бұрын

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

@susantalahiry7502 Ай бұрын

Good information

@Gtvarkey Ай бұрын

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

@dronaacharya Ай бұрын

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

@slokanath4943 Ай бұрын

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 Ай бұрын

Most leading builders have thus wing. do check them out

@slokanath4943 Ай бұрын

@@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