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SELF ACQUIRED PROPERTY
Will registration at Rs 100 in Maharashtra: Why homeowners in cooperative societies, senior citizens should not delay estate planningA Will has always been optionally registrable under Section 18 of the Registration Act, 1908, and registration is not mandatory for validit...
The Buffett framework of investing: Why some stocks deserve a PE of 25, and others deserve a PE of 10In his letter to shareholders, Warren Buffett revealed a valuation framework that explained why stocks can lose half their value without an...
Property partition after owner’s death: A guide for legal heirs to divide assetsPartition of a property means the legal division of jointly owned property among co-owners or legal heirs, severing joint occupancy into in...
Don’t let property turn into a legal battle: Essential steps heirs should take after owner’s deathManaging property after an owner's death requires a structured approach, starting with checking for a Will or identifying legal heirs. Upda...
Sons force mother out of family home after father’s death; she loses eviction case but secures Rs 25,000 monthly maintenanceA mother driven from her family home by her sons after her husband's death has secured a monthly maintenance of Rs 25,000. The Calcutta Hig...
Karta uses personal funds and ancestral income to buy property: Who owns it? Here’s what the law saysA recent Supreme Court ruling clarifies that properties acquired by a Karta using both personal and ancestral income are presumed joint fam...
Not all family properties are ancestral: Son has no birthright in father’s self-acquired assetsA recent court ruling clarifies property rights. A son does not automatically inherit a father's self-acquired property. Birthrights only a...
I am legally separated from my husband. Do I have right to wedding jewellery and gifts received as streedhan?Readers estate planning queries answered.
Last date to file court case to claim share in property by legal heirsDo you have a share in a property which is not being given to you by other legal heir(s)? This may be because there is no will left by the ...
My father passed away without a will. My mom says only my older brother has a right to the house. Is she right?If your father passes away without a will, his self-acquired property will be divided equally among all class I legal heirs. ET Wealth Read...
Are daughters entitled to the self-acquired properties of father?Readers'estate planning queries answered for the week.
Can a disowned son claim his right in father’s property?Any property that is acquired by a person himself, either by way of his own resources or by way of division of the ancestral property, is h...
Can a married woman be a part of two HUF accounts?Find answers to common estate related queries which most of the people face in their lives.
Can I leave one of my children out of the will and not give my self-acquired property?Find answers to common estate related queries which most of the people face in their lives.
Daughters to inherit fathers' self acquired, other properties, get preference over others: SCJustice Murari, writing the 51-page judgment for the bench, also dealt with the question of whether such property will devolve on to the da...
Can a father gift his property to son without consent of wife, daughter?Any self-acquired property can be bequeathed or gifted to any person according to the wish of the testator or donor without taking consent ...
Is there a way to ensure that will is not challenged in court of law?It is optional to register a will, however, it can be challenged in a court of law if it has errors even if it is registered. Keep in mind ...