
Rajat Dutta
Founder & Initiator
Inheritance Needs Services Pvt. Ltd. (NSPL) is India’s pioneer enabler to Inheritance and the only organised player in the Death and Demise sector.
INSPLs vision is making individuals “Future Familiar.” The goal is to make individuals aware of what could happen to their earthly possessions on their sudden demise. The sole objective is to make individuals accept the inevitable and hence prepare themselves for DEATH; being a certain occurrence which most uncertainty.
INSPLs provides standard services to individuals when alive and also to bereaved family post demise of the deceased loved one.
Under it’s service – Preparedness for Inheritance Compliance (“PIC”) INSPL runs a simulation test on all assets owned and possessed by the asset owner to arrive at an Interim ASSET STATUS REPORT(ASR) which grades assets (basis the existing documentation) depending upon their propensity to migrate to the beneficiary on demise of the asset owner. ASR enables the asset owner to take decisions on derisking and to do all acts and deeds needed to attain inheritance compliance for seamless asset transmission in future. INSPL does all acts and deeds related to implementing the derisking strategy as instructed by the asset owner. A draft WILL / Trust Deed is provided as a deliverable.
Under Inheritance Needs (“I- Need”) service, INSPL works closely with the bereaved family. Hand holding the dependents/ close to kin/ family members and beneficiaries for doing all acts, legal work for transmission/transfer of assets in favour of beneficiaries. In case there is a WILL , INSPL supports the Executors in implementation and if person has died intestate then INSPL seeks succession/ heirship as per the situation and case to retrieve the wealth/ assets of the deceased.
INSPL does not provide any investment advisory services, nor does it market any financial or insurance products. Being a true implementor it provides a “feet on the field” support on a Pan India basis across 83 cities.
A brief note for the promoter
Rajat Dutta – Founder & Initiator of INSPL is a Fellow of the Institute of Chartered Accountants of India and Company Secretaries of India, apart from being a Law graduate. He ahs over4 decades of work experience in all facets of handling finance, legal and secretarial functions across bank, credit rating agency, textiles, pharmaceuticals, shipping, logistics, hydrocarbon and investment banking. His professional career was serving organisations like RBI, CRISIL, listed companies as well as family owned companies.
He identified the gap and established this INSPL to meet the needs and requirements where laws are established defined and procedures are long drawn and needs legal expertise to navigate successfully. He has positioned INSPLs services catering to every individual without disturbing or jeopardising any of the existing participants of financial ecosystem like intermediaries or service providers like lawyers, executors, trusteeship companies etc.
For more information pls visit www.inheritanceneeds.com