https://www.taxtmi.com/article/detailed?id=14835 Cross-border succession for NRIs involves conflicts between connecting rules-such as lex situs for immovables and domicile for movables-and Indian personal law regimes, creating jurisdictional complexity. Operational risks include nonrecognition of foreign wills, procedural probate demands, tax exposures on inherited income and capital gains, and limited relief under DTAAs for estate taxes. Compliance with FEMA affects repatriation and transfers, while trusts and dual wills are practical estate planning tools that must align with tax, probate and foreign exchange rules; specialist, jurisdiction specific planning is recommended. en-us Fri, 18 Jul 2025 08:23:46 +0530 Fri, 18 Jul 2025 08:23:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14835 Cross-border succession for NRIs involves conflicts between connecting rules-such as lex situs for immovables and domicile for movables-and Indian personal law regimes, creating jurisdictional complexity. Operational risks include nonrecognition of foreign wills, procedural probate demands, tax exposures on inherited income and capital gains, and limited relief under DTAAs for estate taxes. Compliance with FEMA affects repatriation and transfers, while trusts and dual wills are practical estate planning tools that must align with tax, probate and foreign exchange rules; specialist, jurisdiction specific planning is recommended. Articles Investments - Wealth Fri, 18 Jul 2025 08:23:46 +0530 https://www.taxtmi.com/article/detailed?id=14835