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TESTAMENTARY CONDITIONS INDIA
Joint vs mutual Will: What Indian couples should know before planning the succession of their estateJoint and mutual Wills, while legally recognized in India, present significant complexities and potential for disputes. Experts highlight t...- Own assets in India and England? Why experts say you should make two separate Wills immediatelyIndividuals with assets in both India and England are advised to create separate Wills to ensure proper distribution and avoid legal challe...
- Joint mutual will alert: Surviving spouse can’t change beneficiaries after partner’s death - what parents must knowDaughters secured an inheritance in Kerala despite their parents' Will. The High Court ruled in their favour, granting them a share of the ...
- Daughter loses claim to gold jewellery kept in joint locker with late mother; HC upholds Will bequeathing it to another family memberA daughter's claim to gold ornaments in a joint bank locker was dismissed by the Kerala High Court. The court ruled that a registered Will ...
- Estate planning: What are conditional wills and why do people use them?Conditional wills protect dependants and guide behaviour, but unclear wording increases scrutiny and disputes, making them a powerful, yet ...
- When can a legal heir challenge a will as per Indian succession lawsIf a legal heir wants to challenge a will, it can only be done in accordance with the Indian Succession Act, 1925. This succession law deal...
- 8 ways to transfer your assets to legal heirs, how much to leave as inheritanceFind out the best ways to transfer your wealth to heirs and what it entails for inheritors.
- Is probate of a Will mandatory?Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
- Gifting vs nomination vs will: Choices for parents whose children willingly abdicate inheritanceNomination still remains an useful testatory tool. While the law says that the nominee only holds the assets in trust, if the heirs agree t...
- My uncle doesn’t want to share grandfather's property. What can my mother do?Assuming your mother is a Hindu, she has an equal right in her parents’ property as she is a class I legal heir.
- Will vs gift vs family trust: What's the best way to give assets to heirs?This article looks at transferring of assets to legal heirs via three routes: a will, a gift deed, and a private family trust. The article ...
- How NRIs can inherit immovable properties in India: Rules and methodsIt is important to realise that wealth plans and bequeaths having overseas application are highly complex and regulated. They are governed ...
- Financial planning for a special child should be long termMillions of children in India live with disabilities. Parents of children with special needs have to plan their finances carefully to secur...
- How to plan finances for a child with special needsAs Autism Day approaches, ET tells parents how to manage their finances to take care of their offspring with disability.
- Concept of a digital will to pass on online assets is yet to catch on in the countryA digital will attested by a digital signature will save loved ones the bother of proving who the legal heir is or getting a succession cer...
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