Is writing a will necessary? Consider a case where there is a single family with a father, mother and a son. The property is in the name of father. Does father need to write his will for transfering his property to his wife and his son, after his death or it is implied in the law that after father's death property will belong to the son and his mother in equal proportion. Can they transfer the property if father dies without writing his will?
Menu
Is Will necessary?
Replies (6)
can you change your picture. please fiend.because this is public and educational forum.
thank you.
| Originally posted by :Naina | ||
| " | Is writing a will necessary? Consider a case where there is a single family with a father, mother and a son. The property is in the name of father. Does father need to write his will for transfering his property to his wife and his son, after his death or it is implied in the law that after father's death property will belong to the son and his mother in equal proportion. Can they transfer the property if father dies without writing his will? | " |
There is no need to write a will because after death of father the property automatically transfer to his son or her wife
I don't think, my avtar is too bad but if u didn't like it, I am changing it.
There is no need to write a will in order to transfer his property to his wife and son. coz that will happen by succession by due course of law. and he need not make a will for that.
I m presuming that the family referred is 'hindu' family.
Anyways, no person can dispose off his property by way of will unless it is his self-earned property. if it is his ancestral property, he cannot transfer the property by way of will.
if u still have some querry, pls mail it to me on nitincpawar @ gmail.com
agree with nitin
Whether to write a will or not is basically a personal decision of the personr. In the abscence of a will it goes without saying that the properties of the deceased shall devolve on the legal hiers which shall be determined based on the personal law of the deceased relating to succession . It is always advisable to have a will since nobody can predict who shall die and at what point of time. Under the Hindu succession act there are classes of hiers and sometimes ther may be overlapses. Even among hindus there are different sects governed by different laws which may decide the ownership of ancestral properties held before the coming into force of the Hindu Succession Act 1956. Thus it is advisable to study the matter deeply and take a decision. In the case of muslims the islamic law shall apply and in the case of Christians the applicable act is Indian Succession Act 1925.
sivadas chettoor siva208 @ yahoo.com
Recent Topics :
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
- Question on buy back of shares
Related Topics :
CAclubindia
