Succession and Inheritance in India - Inputs on Issues
Many of us have faced challenges related to inheritance and succession. Transfer of assets (property, shares, jewellery/cash, bank accounts) from the deceased to his/her family is not easy. Due to lack of clear process/definition, it also makes room for corrupt practices.
With this post, we want all members to list the issues they have experienced/observed with Succession and Inheritance.
Once we know the issues, we will follow our structure and discuss Root Causes/Solutions through separate posts with the objective of submitting a whitepaper to the Ministry of Law and other stakeholders in the government so Inheritance and Succession becomes easier for the common Indian.
I look forward to your inputs!
Rajendra Pratap Gupta more