Being in an elite society has its plus points.
Being as an elite, has its
minus points too which one cannot be overlooked
COVID-19 has its impact on elite
With the pandemic spreading, it is reported that the lawyers Offices are attracting clients more particularly the elite ones for consultation to write last will and testaments, estate planning and details about bequeaths
It is reported that they are more worried about both mortality and wealth erosion.
Wealthy are reported to be breaking their head to make sure that those they want to take care of do not suffer.
It is said that some of the elites worries about business losses and stock-market volatility as both have led to many more wealthy seniors writing their wills as well as revisiting earlier plans after Covid-related wealth erosion.
They seemed to have felt the urgent need to be well prepared with a documented and updated family will.
They are NOT definitely relaxed
It is said that restrictions in the parts of the country took a toll on Dallal Street and Investors were reported to have lost several crores during the session.
Fear of inevitable is compelling many to plan the succession, which preferably should be done in good times when there is enough time to plan it.
Some seemed to have realised that the absence of a will can causes great inconvenience to their family members
India’s rich are really busy in completing this exercise with great urgency
Thank God, there are sections which really enjoy their peaceful life without any such worries even in times of crisis like this.
Some wealthy families trying to flee the country by private jet
One-way economy-class trips to Dubai are going for the equivalent of more than 10 times the regular price.
And that shows how desperately people are trying to get away.
Thank God, there are sections which really enjoy their peaceful life without any such worries even in times of crisis like this.
They are blessed in deed.