‘Not Writing a Will Is a Financial Crime’: Experts Warn Indian Families
Posted on: 14/Apr/2026 4:25:54 PM - No. of views : (2195)
“Not planning your succession is a serious financial crime against your family,” says CA Sreejith Kuniyil.
Despite growing wealth in India, nearly 90% of people die without writing a will. This leads to disputes, confusion, and even decades-long legal battles among family members.
Experts highlight that a will is not just for the rich-it’s for anyone with assets, even as small as ₹20 lakh.
They also recommend:
- Choosing younger witnesses
- Registering the will
- Informing family about its existence
A will only becomes legally active after death, and it can be changed anytime during one’s lifetime.
Ignoring succession planning today can create lifelong problems for the next generation.
