Unfolding the inheritance chaos
11-11-2025
In a stark reminder of India’s inheritance planning crisis, an estimated Rs 80,000 crore in unclaimed assets sits idle in the Investor Education and Protection Fund (IEPF), banks, and other institutions, largely because deceased individuals left behind no will or nomination. Legal and financial experts highlighted how the absence of basic estate planning forces grieving families into a bureaucratic nightmare, often leaving them unaware of what their loved ones even owned. They painted a grim picture of the inheritance process without a will.