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Case Study: Cross Border Inheritance Planning for an NRI Family

A single running case study follows the Rao family: a Hindu NRI couple in Dubai preparing to return to Bengaluru, a son who is a US citizen with an OCI card, and a daughter who has lived in London for nine years. Their wealth sits in a Bengaluru flat, ancestral farmland in Karnataka, a Zerodha portfolio, Indian mutual funds, NRE and NRO deposits, a Dubai apartment and a US brokerage account. First stress-test what happens if the head of the family dies today with no plan, asset by asset and country by country. Then map the tax exposure in India and in each heir's home country, including TDS on NRI property sales, the USD 1 million repatriation route and foreign estate tax traps. Finish by building the plan: mirror wills, aligned nominations, a private trust decision and the timing of the return to India, ending with a reusable checklist for any NRI family.

Cross-Border SuccessionNRI InheritanceFEMARepatriationCapital Gains on Inherited AssetsUS Estate TaxUK Inheritance TaxWills and NominationsPrivate Trusts
MODULES
5
DURATION
~3.5 hrs
TRACK
Tax & Wealth Planning

What You'll Master

Build a complete family file: residential status, citizenship and domicile for every member, and the legal location of every asset
Trace exactly what happens to each asset class when an NRI dies without a plan, and which law governs each one
Apply FEMA rules on what NRI and OCI heirs can inherit, hold and repatriate, including agricultural land
Compute the capital gains and TDS when NRI heirs sell inherited Indian property and shares
Spot foreign estate and inheritance tax exposure, such as US estate tax on US-situs assets of non-residents
Design mirror wills, align nominations with the will, and judge when a private trust earns its cost
Time a return to India and the RNOR window to simplify the eventual transfer
Apply a reusable cross-border inheritance checklist to your own family
Access Level
PRO
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Everything included
Full Text Playbooks
Actionable Exercises
Mobile Reading Mode
Lifetime Updates

Curriculum Breakdown

Chapter 1: Meet the Rao Family

4 Lessons
▶
The Rao Family File: Who Lives Where and Who Owns What10 min read
Preview
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Residential Status, Citizenship and Domicile for Every Family Member12 min read
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Mapping Every Asset to Its Jurisdiction11 min read
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The Five Risks Hiding in the Family's Current Setup10 min read

Chapter 2: Stress Test: If Venkatesh Died Today Without a Plan

4 Lessons
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Intestate Succession: Which Law Governs Which Asset12 min read
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Transmission in Practice: Demat Shares, Mutual Funds and NRE and NRO Accounts13 min read
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The Bengaluru Flat and the Karnataka Farmland: FEMA Rules for NRI and OCI Heirs12 min read
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The US Brokerage Account: US Estate Tax for Non-Resident Aliens11 min read

Chapter 3: The Tax Map in India and Abroad

4 Lessons
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Why India Has No Inheritance Tax and Where Tax Still Bites10 min read
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Capital Gains When the Heirs Sell: Cost, Holding Period and TDS on NRI Sales14 min read
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Getting the Money Out: The USD 1 Million Route, Form 15CA and Form 15CB12 min read
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The Heirs' Home Countries: US Reporting and UK Inheritance Tax Exposure12 min read

Chapter 4: Building the Plan

4 Lessons
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One Will or Two: Mirror Wills for India and the UAE12 min read
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Fixing the Nominee and Heir Gap Across Every Account10 min read
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Should the Raos Set Up a Private Trust13 min read
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Restructuring Overseas Assets Before the Return to India12 min read

Chapter 5: The Verdict and the Playbook

3 Lessons
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The Final Plan Side by Side: Before and After10 min read
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What Changes If the Family's Facts Change11 min read
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Your Cross-Border Inheritance Checklist9 min read