Indian Advisers Recast Succession Planning for Families Spanning 3+ Jurisdictions
Updated
Updated · Hubbis · Aug 17
Indian Advisers Recast Succession Planning for Families Spanning 3+ Jurisdictions
1 articles · Updated · Hubbis · Aug 17
Summary
Indian wealth advisers are shifting from product-led planning to family-led succession frameworks as clients spread assets, businesses and heirs across multiple jurisdictions.
Cross-border mobility, offshore wealth built through routes such as the LRS, and geopolitical uncertainty are pushing families to seek diversification and contingency plans rather than a single relocation.
Trusts, foundations, holding companies and insurance still matter, but panellists said they now work best in combination with governance tools such as family councils, charters and letters of wishes.
GIFT City is gaining traction as an international wealth platform, with the first foreign Family Investment Fund registration in 2026, though advisers said simpler rules and greater regulatory certainty are still needed.
The panel’s broader message was that succession should unfold over years through staged transfers of knowledge, responsibility and control, with advisers coordinating legal, tax, fiduciary and investment specialists.