Will vs Trust : How Smart Families Protect Wealth Across Every Generation | Mr. Sreejith | FWS 117

Download 1% Club App Now! https://app.onepc.io/?c=fws-yt-vid Shreejith Kuniyil, Managing Partner at PRAVISTAX and founder of succession planning platform True Legacy, joins the podcast for a deep dive into one of the most ignored aspects of wealth creation: what actually happens to your money after you’re gone. A Chartered Accountant and advisor to business owners, NRIs, and high-net-worth families, Shreejith has spent years working across taxation, succession planning, inheritance structuring, trusts, and family wealth advisory. In this episode, he breaks down the hidden realities of wills, inheritance laws, nominees, family disputes, and why more than ₹2 lakh crore in India remains unclaimed today. From Hindu Succession Act, Sharia law, Christian inheritance rules, and private trusts to family business succession and tax compliance, this conversation uncovers the financial blind spots most families never prepare for. But this episode goes far beyond legal paperwork and succession planning. Shreejith explains why wealth often disappears within generations, how family dynamics completely change after the death of a parent, why every individual — not just the ultra-rich — should think about writing a will, and how trusts can protect businesses, children, dependents, and long-term family wealth. The podcast also explores the future of taxation, digital payments, financial transparency, and why India’s financial system could look completely different by 2030. From emotional family conflicts to future-proofing generational wealth, this episode is packed with practical insights and eye-opening lessons for anyone serious about protecting what they build. LinkedIn:— https://www.linkedin.com/in/sreejith-kuniyil-26023514/ — Subscribe: The 1% Club: YouTube: https://www.youtube.com/@FWSClips0 Instagram: https://www.instagram.com/onepercentclubshow/ LinkedIn: https://www.linkedin.com/school/the-1-clubfws Sharan Hegde: Instagram: https://www.instagram.com/financewithsharan/ LinkedIn: https://www.linkedin.com/in/sharanhegde95/ Twitter/X: https://x.com/financewsharan – Sharan Hegde is a personal finance creator & founder of the 1% Club, simplifying money, markets, and mindset for India’s next generation of wealth builders. – Timeline: 00:00 - Introduction 02:00 - India's Unclaimed Wealth Problem 06:00 - Inheritance Laws for Hindus, Christians & Muslims 14:00 - Live Demo: Who Are Your Legal Heirs? 18:00 - How to Write a Will 24:00 - Will vs Trust Explained 30:00 - How a Private Trust Works 36:00 - Cost of a Will & Trust 39:00 - Walton vs Vanderbilt Family 41:00 - Tax Planning & India's Future 44:00 - Conclusion Connect with me: Instagram: https://www.instagram.com/financewithsharan/ Facebook: https://www.facebook.com/financewithsharan LinkedIn: https://www.linkedin.com/in/sharanhegde95/ Twitter: https://twitter.com/financewsharan #financewithsharan #finance #sharan