Why to write and register a WILL: Some practical suggestions
Most people think that there is automatic clause in succession law that in case of demise of owner of immovable property, wife/husband/legal heirs become automatically legal owners of immovable property - completely false. 97% persons believe so and don’t write their WILL. Registering WILL is now compulsory for those having property in their name. Otherwise legal heirs will have to get probate/succession certificate from civil court, which is not easy to get. All our efforts to amass wealth are for the benefits of wife and children and is aimed at leaving behind a rich legacy for our loved ones - firstly wife and family members. In the absence of proper and registered WILL, property gets distributed equally among legal heirs according to the succession laws based on your religion. Today , middle class senior citizens have significant self acquire...