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Here are few meaningful ways to leave a bigger legacy for your heirs

Invest in passive investment products that don't require regular evaluation

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Fixed Deposit  |  Itc  |  Hul

Tinesh Bhasin 

When an individual wants to leave a legacy for his grandchildren, usually, he buys a life insurance policy or invests in a fixed deposit in the name of the minor. Only a few focus on creating a legacy portfolio that can be passed to their children and grandchildren.

Typically, the family wealth that the next generation inherits includes properties and what is left of the retirement corpus. But with a little planning, you can leave a much bigger corpus for the next generations. Instead of investing a lump sum in the name of each child or grandchild individually, a person can create an ...

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First Published: Thu, May 10 2018. 06:30 IST
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