Only the wealthy need a Will
This is perhaps the most widespread myth.
A Will is essential for anyone, regardless of wealth. It ensures your wishes for asset distribution, guardianship of minors, and even personal belongings are legally upheld.
Without a Will, the court decides how to distribute your assets, which may not align with your intentions. It also simplifies and speeds up the inheritance process for your loved ones, reducing stress during a difficult time.
A Will is a fundamental tool for everyone to protect their assets and ensure their wishes are respected, irrespective of their financial status. Learn more about the importance of a Will here.
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Weekly Wrap-up
This week we discussed
Why is it important to have a Will? What happens if you don’t have a Will?
Will is rarely discussed in Indian Families but you probably know what a Will is. But do you understand how important it is? What happens if you don’t have one?
What is a Multi-Asset Fund? Is investing in this all-weather fund suitable for you?
What is the Multi-Asset Fund, also known as the All-Weather Fund? How have they performed in the past? Is it a good fit for your financial goals? Let’s discuss.