Making A Will? Follow These Steps To Avoid Your Wishes Being Challenged In Court
A Will is a legal document that ensures assets are distributed fairly among the family members according to the testator’s wishes after the person dies.
A Will is a legal document that ensures assets are distributed fairly among the family members according to the testator’s wishes after the person dies.
You can create a will to distribute the wealth you have accumulated during your lifetime after your death. What if you are single? Does a will still help? Yes, a will is highly recommended, even if you are single!
Naming a nominee is crucial as life is uncertain, and it gives you a certain degree of guarantee that your family or the people you care about will be taken care of financially.
Before selling an ancestral property, you must consider the following factors.
In legal parlance, a custodian does not own the assets but keeps the assets in his or her custody till the heir mentioned in the will or the eligible legal heir is identified for owning the asset.
When a person dies without a Will, legal heirs must produce a legal heir certificate to settle insurance claims, bank accounts, etc.
Senior citizens should relieve themselves from all financial obligations as soon as possible without waiting for their last breath.
Should an NPS subscriber die prematurely or interstate, here’s a step-by-step process by which his/her legal heirs or nominees can claim the accumulated sum hassle-free.
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