What are various ways how assets can be passed on to legal heirs
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Transferring assets to legal heirs in India can be done through multiple legal mechanisms, ensuring a smooth transition of wealth while minimizing tax liabilities and disputes. For Non-Resident Indians (NRIs), understanding these options is crucial to ensure compliance with Indian laws.
One of the most effective methods is through a Gift Deed Registration, which allows individuals to transfer assets legally and efficiently. Additionally, taxation aspects such as Income Tax on Gift Deed in Blood Relation and
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