If you hold assets in India or expect to inherit them from family there, you already know that the questions don’t have easy answers. Indian estate law, tax obligations, and regulatory requirements operate on their own terms, and navigating them from the US requires a different kind of guidance.
On June 10th, Griffin Black is bringing Aliff Fazelbhoy, one of India’s most recognized legal practitioners, to Redwood City for an intimate and candid conversation. This is not a seminar; this is a practical discussion of two scenarios our clients most often face:
- You hold assets in India now. You’re a US resident with an Overseas Citizen of India (OCI) card. You have a spouse and children here, and you want to understand your options for passing your Indian assets to them without leaving a legal or regulatory tangle behind.
- Your parents hold assets in India. You expect to inherit from parents still living in India. What do you need to understand—now, before it happens—about how Indian succession law works, what reporting obligations follow, and how to bring those assets across borders, if you choose to.
Topics covered:
- What types of assets OCI cardholders can own in India and where restrictions apply
- Passing Indian assets by will or gift to children who are US residents
- Tax implications of retaining income-generating assets in India, including the 120–day residence rule
- Selling Indian assets and repatriating proceeds to the US: process, timing, and regulatory requirements
- Trusts: when they make sense, how they’re structured, and how they’re managed from abroad
- The legal framework: FEMA, Indian tax law, the Banami Act, the Black Money Act, and property law
Aliff Fazelbhoy
Senior Partner at ALMT Legal in Mumbai, India, Aliff Fazelbhoy has spent decades at the intersection of Indian corporate law, tax, estate planning, and employment, advising multinational companies, private equity funds, and high-net-worth individuals on matters that cross borders and legal systems. He is consistently ranked among India’s leading practitioners by Chambers & Partners, Legal 500, Asia Law, and IFLR 1000, and has been recognized in the Asian Legal Business “Super 50 Lawyers” list. His particular strength is in making complex regulatory and legal terrain legible and navigable for clients who don’t live inside the Indian system.
Event details
- Wednesday, June 10, 2026
- Doors open at 5:30 pm (PST), presentation begins at 6:15 pm, event ends at 8:30 pm
- Donato Enoteca, 1041 Middlefield Rd, Redwood City, CA 94063
Hors d’oeuvres and refreshments will be served, providing an opportunity to network and engage with fellow attendees.
The presentation will be followed by a dedicated Q&A session, allowing for attendees to ask follow-up questions. Time for networking and conversation will follow the Q&A session.
This event is not open to the public. Seating is limited. If you’d like to attend, please call us directly to request an invitation.