property inheritance
Property inheritance- Nominee vs. Legal heir
According to the Hindu Succession Act, 1956, the property of a deceased is distributed equally among sons, daughters, the wife and the mother. The Hindu Adoption and Maintenance Act, 1956 governs the adoption of children and the maintenance allowance to the wife. Who is a Nominee? As per the law, a nominee of a immovable […]
Tips for NRIs to transfer title of inherited property
It can become a nightmare for an NRI who wants to make a property transaction in India or has to inherit his ancestral property. The property documents along with the the appropriate identification is mandatory while inheriting the ancestral property. The property inheritance can be an easy process if the documentation and the legal work is done […]
