Dear Experts,
To the best of My knowledge Public provident fund is free from Court attachment/decree.
I have a request for advise,
1.I will be getting about 20 lakhs from my hard earned money and savings.
I would like to make an investment out of this money for taking care of my family.
Kindly advise which form of investment is better , so that no court can attach it under any circumstances ( even in case of court decree/attachment also)
After my death, the investment should take care of the liveli hood of my family (wife and minor son) ,even in the event of my wifes insolvent position /court decree.
Whether making a trust with any bank engaged in trustee business will serve the purpose.
Please reply
Please attach any relevant documents.
Regards
Ramesh