NRI Consultant for Will Certification and Registration
A Non-Resident Indian (NRI), as defined by the Income Tax Act of 1961, refers to a citizen or a person of Indian origin who does not reside in India permanently. Many NRIs accumulate significant assets in India, making it crucial to plan for their effective transfer to loved ones through a valid Will. Without a Will, the process of succession can become complicated, time-consuming, and prone to disputes.
Why NRIs Need to Make a Will
If an NRI dies intestate (without a Will), the family may face the following:
- Lengthy procedures for obtaining a succession certificate or letter of administration from Indian courts.
- Filing numerous documents, such as birth certificates, identification proofs, and asset details.
- Navigating complex succession laws based on the country of residence and location of assets.
To avoid these hurdles, NRIs should consider Professional Will Drafting and Registration services from an expert NRI Consultant in India.
Essentials of a Valid Will for NRIs
- The individual must be at least 18 years old and of sound mind.
- The Will must be signed voluntarily without coercion or undue influence.
- It must clearly specify the assets, beneficiaries, and an appointed Executor for smooth distribution.
Will-Making Tips for NRIs
- Nominee vs. Legal Heir: A Will ensures assets go to rightful heirs, avoiding conflicts.
- Professional Guidance: Work with an NRI Will Certification Consultant to ensure legal validity.
- Regular Updates: Revise your Will periodically to reflect changes in assets or beneficiaries.
- Compliance with Laws: Ensure adherence to cross-border inheritance laws and foreign exchange regulations.
Why Choose YKG Global?
With 40+ years of expertise and a team of 50+ skilled NRI Will Certification Advisors, YKG Global offers end-to-end solutions for:
- NRI Will Registration: Assistance in drafting, attesting, and registering Wills.
- NRI Will Certificate Services: Ensuring legal enforceability through proper certification.
- Expert Advice: Guidance on cross-border succession laws and smooth execution of Wills.
- Simplified Process: Making Will creation and certification easy, transparent, and efficient.
Safeguard your family's future and ensure a seamless transfer of assets with YKG Global's trusted NRI Will Registration and Certification Services.