Happy Family!!
With You & After You
Shannon Help in transferring your assets, in the desired manner after you.
Nominee Care
We believe in providing a complete solution on all inheritance planning matters. Hence, in addition to helping in writing a Will, Shannon also acts as an executor to Wills as Nominee care. As a corporate executor, Shannon brings continuity and smooth transition for clients and his family, it’s experience and technical know-how on legal matters pertaining to the execution of a Will. As an executor our scope includes:
Applying for and obtaining the probate certificate
Payment of debt, duties and expenses as detailed by the testator
Distributing and transferring the assets to the beneficiaries in accordance with the Will
Providing legal assistance in case of dispute
Insurance Care
We came across many clients who took insurance, and their own family members took their lives in greed of a heavy claim amount. We also came across many families, who are not aware of their deceased one's insurance policies. Shannon helps in getting Insurance Claim without hassle while maintaining confidentiality in all scenarios.
Keep your policies confidential
Ensure that Policies are in safe hands
Educate your Family
Apply the Claim after you
Help till disbursal of your Claim
Safeguard the interest of Minors
Keep all Policies at one place
Agreement with your family
Personalized Will
Easiest way to make and register your Will
Client shall have the choice to do discussions about his Will via video call, phone or email or a face to face meeting with an expert. This option is given to clients desirous of having an in-person discussion on personal, family or sensitive matters that may be confidential in nature. Further a dedicated phone number shall be given to the client and an expert shall be assigned, with whom the client could do a comprehensive discussion.
Consult Now
Client can visit Shannon’s office for an in-person meeting with legal experts at no cost.
Clients shall be guided through the process of Will preparation including details required for the same.
Make Payment
Make Payment towards preparation of Will.
Provide your complete asset details to our legal expert.
Guidance on do’s and don’ts of Writing a Will including suggestions.
Final Will
Client will be provided with a Draft Will document prepared on the basis of information and details shared.
Client can check and ask for any correction or update.
Once you are satisfied with the draft, Final Will document will be delivered to you through the mode of your choice.
Legacy Cover
Special Purpose Asset Carrying Vehicle:
Globally, SPV’s are mainly used as an effective and efficient tool for estate and succession planning. High net worth families set up SPV for smooth inter- generation transfer of legacy.
Apart from Personalized Wills and Nominee Care, as part of it’s bouquet of legacy care services, Shannon helps high net worth families with SPV formation and also acts as a Corporate Advisors for the SPV wherever mandated. We came across many clients who want that their assets should remain intact and that shall be distributed only to their third/pre-decided generation(exceptions are there), and income of that will be distributed, till then, amongst all decided family members , in the ratio they decide. Benefits of setting up a SPV:
No requirement of probate
Protect the interest of current and future generations
Distribution of assets according to individual wishes or needs
Consolidation of assets
Legacy and Wealth preservation
Avoid conflict amongst family members and beneficiaries
Better structure than a Will
Address philanthropic needs
Provide for incapacity of the settlor
Channelise end usage of assets
Create a income source for family members for generations
Maintain the legacy of assets
Who should create a SPV?
Promoters / Business owners who wish to segregate management & control and ensure economic interest of family members
Indian residents who have beneficiaries residing abroad or vice versa
Parents of childeren- managing and preserving wealth for children who are minor or major but financially incompetent
Persons having specially abled child
Families desirous of setting up multi-generational legacy
Those intending to contribute towards philanthropy
Families looking at rainy day planning of wealth
Those looking at creating life SPV for children - protection against failing marriages, or special purpose or other uncertainties in life
SPV Advisory / SPV Management:
Following are the broad scope of work for SPV Advisory service:
Managing and administering income generating assets under the SPV
Maintaining books, accounts and other statutory compliances
Administering investments
Protecting the interests of the beneficiaries
Implementing the directions of the head of family before him or even after him
Distributing assets to the proposed generation as provided by the head of the family
We came across many clients who want that their assets should remain intact and that shall be distributed only to their third generation(exceptions are there), and income of that will be distributed, till then, amongst all family members, in the ratio they decided.
Benefits of appointing a Corporate Advisor:
Independent and Professional approach
Better control over assets
Operational efficiency
Easy accessibility
Shannon Solutions Private Limited
112A, DDA Complex Jhandewalan
Near Videocon Tower, Delhi - 110052
+91-9999228010
