December 02, 2021

Elderly Parents Harassed by Their Children For Property - Monelife Link

 Please click ;-

https://www.moneylife.in/article/why-seniors-are-being-harassed-for-property-in-mumbai-by-their-own-sons-and-daughters-asks-bombay-hc/65747.html

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Blog Comments 

Moral ; Parents Should Give only by Will and not during their lives 

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Must Make Will - Nominee Only Trustee in Most Cases

http://www.jagoinvestor.com/2010/10/will-your-nominee-get-the-money-on-your-death.html

http://ascentsolutions.in/wordpress/?p=310

Nominee ( except in case of shares and most probably , now , in Insurance policies ( please recheck ) - is only a Trustee. Real owner is as per the Will.

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While writing Will , please include  these important points.

1 ) Where ever ( Testator )  made Nominations , the Nominee / s would be the sole heirs 

2 ) In case , any one of the legatees pre deceases( Testator ) in that case that share would not lapse but would , instead , devolve on the Legal heirs of that Legatee.

3 ) In case any asset , movable or immovable , is not mentioned here or is acquired afterwards would devolve    on --------

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How Hindu Succession Law Applies When a Person Dies Without Will?


http://ascentsolutions.in/wordpress/?p=145

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Also , please try to get Will registered ( though not mandatory ).

In our one case , the Trial Court granted Probate on a Photostat copy of an Unregistered Will.

We went in to appeal in the High Court where our Appeal was upheld.

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Blog Caution : Please R

 

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