A Power of Attorney (PoA) is a legally recognized document which allows a person to delegate or transfer his authority to perform certain tasks to another person. This can come in handy if you are dealing with old age, are too sick to go out, or simply too busy to take out time for completing [...]
In India, the concept of coparcenary ownership applies to ancestral property. This means that sons and daughters inherit an equal share of ownership along with the father upon inheritance. Coparceners have the right to occupy, use, and enjoy the benefits of the property, and any decisions regarding its sale or disposition must involve the consent [...]
Have you ever found yourself in the overwhelming position of handling a loved one's affairs after their passing, particularly the management of their assets and Will? This process can be even more challenging for NRIs who have to manage the estate and Will from afar, adding stress and confusion to an already unfortunate situation. Moreover, [...]
Certainly, a daughter can claim her rights in father’s property. As per the amendment made to Hindu Succession Act (HSA), a daughter has equal rights in her fathers property as of their sons. Inheritance laws clearly define who inherits what property. However, despite these laws, daughters often face challenges securing their rightful share compared to [...]
Yes, NRIs can make a will in India. With the help of a lawyer NRIs can draft a will that is legally sound in India. For Non-Resident Indians (NRIs), estate planning often involves navigating legal issues across two countries. One crucial aspect is ensuring a clear and legal transfer of assets in India. Here's what [...]
Are you planning to buy or sell property in India? Property transfers are supposed to pave the way for interesting social changes. But this enthusiasm can quickly turn to frustration in the face of the daunting task of navigating the legal process of transferring property in India. The process is even more difficult for NRIs, [...]
“Last units selling out soon, hurry and book your dream home now!” We all have come across these lines over newspapers, radio, and websites. Flashy statements like these may be exciting to readers and listeners, however, their impact might not be equally delightful as it may turn out to be a cleverly disguised property fraud [...]
A will signifies the intentions and wishes of a person regarding the distribution of their wealth and assets after their lifetime and the person who writes a Will is referred to as a testator. In India, the execution of Wills is primarily governed by the Indian Succession Act, 1925 (“Act”) and the conditions which are [...]
Navigating the intricacies of property transfer after death in India is a critical aspect of estate planning. When an individual passes away, the legal process involved in transferring their assets to heirs or beneficiaries is crucial for ensuring a seamless transition of ownership. The term "property transfer after death in India" encapsulates the legal framework [...]
Making a will legally binding is crucial to safeguard against disputes. Legalizing a will adds a layer of authenticity, reducing the likelihood of challenges. It ensures that the testator's wishes are honored, minimizing family conflicts. A registered will provides a formal record, making it harder for disgruntled parties to contest or dispute its validity. This [...]
In India, a Succession Certificate is a legal document that certifies the legitimacy of an individual's heirs and their right to inherit the obligations and property of the deceased. In situations where a will is invalid, this certificate is essential because it permits legitimate heirs to inherit or transfer real estate, securities, and other assets. [...]
Following an individual's death, property is transferred and devolved to their lawful successors under the Indian Succession Act of 1925. The deceased person's faith determines which laws of succession apply. A registered will of the deceased or a succession certificate or letter of administration from the court are examples of legal papers that must be [...]
One of the most crucial aspects of an estate strategy is writing a will. Having a plan in place for your assets and things after your death offers a great deal of peace of mind, even if it can be uncomfortable to consider. Your wishes for the distribution of your inheritance after death are spelt [...]
When a loved one passes away, what legal steps should their survivors take to settle the estate, and why is it important to locate and validate any existing will or estate plan as soon as possible after the death? Taking quick action can ease administration and prevent potential disputes down the line. Under Indian succession [...]
In India, transferring property from a mother to a son involves a legal process to ensure a smooth transition of ownership. This typically includes drafting a property deed or gift deed, outlining the terms and conditions of the transfer. The document should adhere to the applicable state laws and be duly executed in the presence [...]
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