Why Financial Planning is as Crucial as Emotional Farewells

Over the years, we have accompanied several families on their journey of loss.
The passing of a loved one is always painful – for families, partners, and friends. However, what should never add to this burden is financial uncertainty.
That is why we focus on holistic solutions that secure both your family’s well-being and your wishes for the future.

Legal Planning: Living Will, Power of Attorney, and Testament

Many people postpone legal planning, but what happens if one can no longer make decisions? We collaborate with an experienced partner who provides a comprehensive solution for living wills, power of attorney, and testament – internationally valid, available in both German and English, with expertise in both German and British law, which serves as a foundation for Indian inheritance law. This ensures that your wishes and assets are legally protected, regardless of where you are.

Additionally, inheritance law can be complex when it involves multiple jurisdictions. Our partner offers solutions covering inheritance in both Germany and India, ensuring that assets are distributed according to your wishes while respecting the legal frameworks of both countries.

For families with minor children, legal arrangements become even more critical. In the unfortunate event of both parents passing away, without prior arrangements, German state authorities may step in, and the children could be placed into a temporary foster family (Pflegefamilie) until relatives from India arrive and establish guardianship. We have supported families in navigating this complex but essential process, ensuring that their children’s future remains secure.

Financial Security: Funeral Expense Insurance & Term Life Insurance

Legal protection is only one part of the equation – financial security is just as vital. We offer multiple solutions to fit different needs:

✅ Funeral Expense Insurance – Available from the age of 35, with no health questions, and providing coverage up to €20,000. This covers funeral costs, ceremonies, a sea burial in the North or Baltic Sea, or the repatriation of remains or ashes to India. For those who wish to have a traditional Hindu funeral in Germany, the Hindu cemetery in Hamm (NRW) offers a dignified resting place. Additionally, this insurance can be combined with a retirement plan and up to €50,000 death coverage (in case of an accidental death) without a health check – a valuable solution for individuals whose health status prevents them from obtaining a traditional term life insurance policy.

✅ Term Life Insurance – Ensures financial protection for your family, secures outstanding loans, and prevents the forced sale of family homes in difficult times. We also now work with partners who accept standard term life insurance for individuals with Type 2 Diabetes under specific conditions, offering more options for those with pre-existing health concerns.

Additional Support Services

💡 Assistance in choosing funeral service providers who respect cultural and religious traditions.
💡 Comprehensive guidance on advance directives and estate planning, ensuring that loved ones are not left unprepared.

A Final Thought: Protecting Your Loved Ones is a Duty, Not an Option

“Dharma protects those who uphold it.” – Ancient Sanskrit Proverb

Planning ahead is not just a financial decision but an act of love and responsibility.

Here the link to our trusted legal contact. Feel free to book a 1:1 consultation to discuss financial security tailored to your needs.

We are here to support you with empathy, expertise, and the right partners. Secure your family’s future today.