New Delhi, March 31 -- I am a 70-year-old business owner engaged in the manufacture and sale of soft drinks, which have gained considerable popularity among consumers. In light of my advancing age, I wish to undertake comprehensive estate planning. In particular, I intend to preserve the recipe of my soft drink and ensure that it is securely passed on to my children.

Additionally, the business has built substantial goodwill in the market, and I would like to transfer the ownership of the brand name, logo, and other intellectual property rights to the next generation. In these circumstances, I seek guidance on whether such succession of both tangible and intangible assets, including confidential business information and intellectual prope...