Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

Importance to make a will

Q: Why is it important to make a will? What is the law of inheritance?

Reply

Replies (5)
1
A will required the distribution of property will be under the supervision of the proper channels, future family disputes and in fighting can be avoided.
Indrajit Kaul


2
Mr Rakesh is absolutely right but I would like to add some more points. A testator can ask to cater to special needs and requirements of family members in a will. For instance, he or she can set up guardians for infants, disabled dependents or set up extra provisions for a widowed daughter.
Dharmesh Shukla


3
A will is an extremely personal document, where the person who makes a will can express his or her opinions, views and feelings freely. With a proper will in place, there is no confusion among family members or relatives about how to dispose the deceased person’s property, after his/her death. However, they should be informed about the will. Unlike the law of inheritance, a will allows the testator to control the distribution of property, after his death. The person cannot be forced to make any provisions for undeserving people.
Rakesh


4
Thanks for you valuable answer. But I am a bit confused as to whom all should I consider while preparing the will.
Manjula Rao


5
A Will is the first step in your financial life. It is a legal document that comes into effect on your death. by making a Will you decide who should look after your property after youe death. According to the law, only immediate family members can be the legal heirs.
Arunabha Gupta


6

Ask a Question
120 Characters Left











    CommonFloor Property Search Mobile App now available on Android, iOS and Windows!