Will for immovable property
I want to make a will for my flat at Kolkata in the name of my youngest son as my eldest son is having his own flat at Kolkata
Can I make this will as there is a criteria that will is to be made both For movable and immovable
As my bank accounts with two banks are one with my eldest son and other with my younger son so that after on
my death they
will be able to operate with their own eligibility
I want to get good advice more
Can I make this will as there is a criteria that will is to be made both For movable and immovable
As my bank accounts with two banks are one with my eldest son and other with my younger son so that after on
my death they
will be able to operate with their own eligibility
I want to get good advice more
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Your will has to detail your entire assets (and liabilities if any) and explicitly cite to whom you are bequeathing the same. As regards the bank accounts you have to state to whom the balances in each account will devolve because otherwise the other party can demand a share in the same. The special instruction "Repayable to Either or Survivor" or the Nomination only act as a discharge of the bank's responsibility but do not extinguish the right of the legal heir to demand his/her share from the joint holder/nominee. It will a good gesture if you discuss the matter with your sons (and your wife if alive) to avert any ill feeling between them after you are gone. If your wife has not predeceased you it is my experience that she should not be deprived of her share of assets as very often surviving sons may not be depended upon to ensure that their mother wants for nothing after her partner is no more. This is my experience as Vice-President of a local women's Rights Movement in Chennai for about 10 years and as a Branch Manager of several branches of a nationalised bank in India during a service of 38 years. L.Kalavathi Retired Bank Official Chennai, Tamilnadu, India 29th May 2018 more
May 29
One can will for any Self acquired property as per your wish. There is no necessity to have the will of all the properties together. Separate wills can be prepared for different properties whether movable or immovable more
May 21
Will to be witnessed by two independent witnessess and not beneficiaries. You can will only those properties which are self acquired and not ancestral. Ancestral properties are governed by the Indian Succession Act. If death takes place without a will, then also the Act will take effect. more
May 20
Your decision for going for a WILL is laudable and appropriate.The Will to be witnessed by young people who can give witness and to be registered and can be kept securely.The Will to be covered all properties movable and immovable and can also be on your grand children and can create a condition not to be sold etc. and to the benefit of children.If your wife is alive, the Will operation will be only after the death of your spouse and a seperate Will can be made of the properties of your spouse exclusively and separately. more
May 19
