INDIA Trends and Developments Contributed by: Tanmay Patnaik, Raj Chheda and Eisha Singh, Trilegal
The legitimacy of those structures – their commercial rationale, their consistency with the family’s actual cir - cumstances, and their compliance with each relevant jurisdiction’s disclosure obligations – is now subject to scrutiny in a way that did not exist a decade ago. Conclusion: the adviser as the architect The themes, taken together, point to a single under - lying shift: Indian private wealth is becoming more sophisticated, and the advice required to support it demands more integrated specialisation. Alongside intergenerational succession, high-net-worth families are grappling with pre-IPO structuring, cross-border holdings and exchange control, family disputes, and governance frameworks capable of surviving leader - ship transitions. Each of these issues cuts across corporate, tax, exchange control, succession and dispute resolution laws, and calls for a co-ordinated approach. Families that can integrate these strands into a coherent long- term strategy will be best placed to navigate what comes next.
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