Blog

16
Jan

Why it is imperative to verify documents while buying or purchasing a land

LAND DOCUMENTS: Before buying the property, we must get all the parent documents from the respective seller. All the documents should be well read and the links to these documents must be checked i.e A purchased it from B, while B...Read more

30
Dec

What to keep in mind while taking the HUF route to save taxes

Now that you are well aware of the formalities attached to HUF, let us discuss a bit about the intricacies involved in it. Before that, if you have not read the previous article on HUF yet, please click the link below: Read more

14
Nov

A legal and efficient way to save taxes – HUF

HUF means Hindu Undivided Family. By creating a family unit and pooling in assets to form an HUF, you can save taxes. HUF is taxed separately from its members. A Hindu family can come together and form an HUF. Buddhists, Jains and Sikhs can also form...Read more

14
Oct

Real life cases arising due to absence of will or discrepancies in the will

Continuing from where we left off in September, explained below are few cases where after the demise of the person lot of problems and misunderstanding arose due to scribbling. :- 1. In Trichy, a father had written his will statin...Read more

26
Sep

The importance of writing a will in your lifetime

Will:- A will is a legal declaration by which a person names one or more persons to manage his or her property and distributes his or her property at death. (OR) Will is a legal declaration of the intention of a person with ...Read more

2
Aug

Reverse Mortgage Loans – Helping senior citizens live with dignity and independence

Reverse Mortgage Loan (RML): In pre independence era, joint families were a norm and the aged senior citizens were taken care of by the members of Hindu Undivided Families (HUF). After independence, owing to family planning, among...Read more

4
Jul

How to ensure ownership and safety of your land

Adangal :– This contains details such as survey number, its tenants, the crop raised and its condition about each piece of land in a particular village. This document will be with VAO, and a copy would also be kept in the Taluk ...Read more

2
Jun

85 lakhs’ fraud prevented by Tristar

One of my eternity friends, who is working in a PSU, is planning to settle down in his native place after retirement in 2020. So he decided to buy 20 acres of agricultural land in Tirunelveli - Tenkasi area. He identified one such land through his...Read more

2
Jun

All that you wanted to know about the Encumbrance Certificate, Patta and Chitta

Encumbrance Certificate (EC): EC indicates all the registration details of the property. The following details are covered under the EC:

  • Survey number with subdivision
  • Buyer and seller agre...Read more

2
Jun

Tristar saves customer from documentation fraud

Recently, a senior citizen woman contacted us saying that she came to know about our company, Tristar, from her friends. Since her reliable sources considered us a trustworthy company, she decided to consult us about the property she was planning to ...Read more