Empowering your journey to financial success
with every milestone achieved.
Legal services
National Pension System (NPS)
Comprehensive Overview
Legal services related to investment products in India can be critical for ensuring compliance, resolving disputes, and managing the legal intricacies of various investment vehicles. Here’s an overview of the legal services relevant to investment products in India.
Key Features of NPS
Importance of Wills for Investment Products
A will is a legal document that specifies how an individual’s assets, including investment Financial Assets and Physical assets will be distributed after their demise. Having a will ensures:
- Smooth transfer of investments to beneficiaries.
- Avoidance of disputes among heirs.
- Clarity on nominations and ownership of financial assets.
Legal Services Related to Wills
Drafting Wills Preparing a legally valid will, clearly mentioning:
- Investments (Financial Assets & Physical Assets).
- Nominees and beneficiaries.
- Proportions of asset distribution.
- Ensuring compliance with the Indian Succession Act, 1925 or personal laws applicable to the individual.
- Registration of Wills Legal support in registering the will with the Sub-Registrar’s Office for enhanced validity.
- Guidance on notarization and safe custody of wills.
- Review and Updating of Wills
Periodic review of wills to incorporate changes in: - Investments (addition or redemption of funds).
- Family structure (marriage, births, or deaths).
- Nominees or beneficiaries.
- Will Execution Services Legal assistance for executing the will after the testator’s demise.
- Support in obtaining a probate (court approval of the will) if required.
- Handling disputes related to will interpretation or validity.
Estate Planning
Legal services often extend beyond wills to comprehensive estate planning for investment products:
- Setting up trusts to manage and distribute investments.
- Guidance on nomination changes for mutual funds, bank accounts, and insurance policies.
- Tax-efficient transfer of assets to heirs.
Nominee vs. Legal Heir
Legal advisors can clarify the difference between:
- Nominees: Act as custodians of the investment until the rightful heir claims it.
- Legal Heirs: Have the ultimate ownership rights as per the will or succession laws.
Dispute Resolution
Legal representation in disputes related to:
- Wills and asset distribution.
- Conflicts between nominees and legal heirs.
- Filing claims or contesting a will in the court.
Services for NRIs
Guidance on drafting wills covering assets in India and abroad.
Ensuring compliance with FEMA (Foreign Exchange Management Act) for repatriating investment proceeds.
Handling cross-border inheritance laws.
Digital Will Services
Some firms and platforms offer digital will preparation:
- Online drafting tools for listing investment products and beneficiaries.
- Secure storage of digital wills for easy access.
Choosing a Legal Service Provider
Look for lawyers or firms specializing in:
- Estate planning and succession laws.
- Financial and investment products.
- Seamless integration of wills with Legal Heirs.
Account Portability
- Fully portable across locations and employers, ensuring continuity.
Account Portability
- Fully portable across locations and employers, ensuring continuity.
How to Open an NPS Account
- Visit a Point of Presence (PoP), such as banks and other designated entities, and submit the filled NPS application form along with KYC documents.
- Register via the eNPS portal (https://enps.nsdl.com).
- Use Aadhaar or PAN for verification and link it to your bank account.
Fund Managers
we are partnered with the below companies such as:
Start Investing Wisely
Start building your retirement fund with NPS—the plan that grows with you.
Our Company
Product & Services
Quick Links
AMFI Registered Mutual Fund Distributor | ARN- 265639
Disclaimer:– Mutual fund investments are subject to market risks. Please read the scheme information and other scheme related documents carefully before investing. Past performance is not indicative of future returns and future performance. Always Consider your specific investment requirements before choosing a fund, or designing a portfolio allocation that suits your needs. Investments in equity shares, debentures, etc., are not obligations of, or not guaranteed by – Future Savings
Copyright © 2025 Future Savings.. All Rights Reserved.
Developed by Best Advertising Agency
