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We are NRI-focused platform, having expertise in international tax, inheritance laws, and Indian legal frameworks. We are backed by technology.

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Our Blogs

Can a foreigner be a trustee in Indian trust? Understanding the Legal Framework
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Building a Legacy: Wealth Transfer Solutions by India for NRI
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Types of Trusts for NRIs
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What happens in case of inadequate inheritance planning?
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What Women need to know to deal with divorce proceedings financially?
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How are property, jewellery divided after a divorce in India for husband?
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Steps husband can take if wife files false dowry or domestic abuse case?
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How men can protect their finances while going through a divorce
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How can NRI plan for inheritance of the Digital assets?
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About Estate duty for NRI in US
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HUF FOR NRI
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Huf Vs Private Trust What Are Key Distinctions
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Key steps to split property between children:
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6 cases where you can lose the right to inherit property:
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Here are key points how Trust scores better than a will?
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Ways how property can be transferred after owner's death?
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Building a Legacy: Smart Strategies for Passing on Wealth to Your Children
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Under what circumstances might a trust be set aside in your jurisdiction on grounds of sham or for any other reasons
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What legal constraints should be taken into consideration when transferring assets to a trust?
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How are Foreign trust recognised in India?
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How are property, jewellery divided after a divorce in India for husband?

How property and jewellery are divided after a divorce in India, focusing on the husband's rights:

Movable Property

  • The husband has a right to any jewellery, valuables, or gifts given to him by the wife's parents before, after, or during the marriage.

    • If you're an NRI, you may want to set up a trust with non-resident beneficiaries to ensure the protection of such assets in India.
  • If the husband bought an asset in the wife's name without gifting it, it does not belong to the wife.

    • Trust registration can provide a secure way to manage and protect assets that are jointly held, especially when dealing with properties in multiple jurisdictions.
  • If the wife spent her earnings on household expenses, they cannot be claimed back.

    • For NRIs, setting up a trust with non-resident beneficiaries ensures that assets are protected and distributed according to your wishes, avoiding disputes.

Immovable Property

  • Husband's ancestral or self-acquired property: The wife has no right over ancestral property. She can stake a claim to self-acquired property only if she is a joint owner or has contributed financially to its purchase.

    • Consider registering a trust for assets in India, ensuring proper distribution even if disputes arise during marriage or divorce.
  • Property jointly owned, but loan taken by the husband: The husband can have a strong claim to a significant portion of its value.

    • If you're dealing with marital property, it may be beneficial to register a trust using power of attorney to manage the property in India, especially in cross-border legal matters.
  • Property jointly owned and loan taken by both: The property is divided fairly based on the proportion of financial contribution by each spouse.

    • If you're an NRI, a trust with non-resident beneficiaries can provide clarity on how to handle shared assets.
  • Property owned and financed by the husband: The property belongs to the husband.

    • For NRIs, setting up a trust with non-resident beneficiaries can help manage the distribution of assets, ensuring a smooth transition post-divorce.
  • Property owned by wife, loan taken by husband: The wife is the legal owner, but if the husband can prove he paid the loan, he can claim a stake.

    • Trust registration ensures that all assets, including those owned by the wife, are legally protected.
  • Property owned by husband, loan by wife: Courts may consider it marital property and divide it fairly based on the wife's contribution.

    • In such situations, Inheritance tax in India for NRI laws can be factored into your estate planning to ensure that the wife’s contributions are taken into account.
  • Property owned and financed by wife: It is considered the wife's separate property and won't be divided in the divorce.

    • Can OCI be a trustee in India? Yes, an OCI can serve as a trustee, making it an excellent option for managing marital or personal property in India through a trust.

Also Read: Steps husband can take if wife files false dowry or domestic abuse case?

 

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