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Amritha M

Posted 1 year ago

My mother just passed away. My mother has a FD in a bank with me being the nominee. Now I have 2 sisters and 1 brother who is asking for a share which I am not willing to share. Will I be eligible to take the complete amount???
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A. You are a nominee of your mother`s funds, and not sole heir. Nomination means person taking in trust - that is your mother trusted that you will fairly deal with the funds. You are liable to pay to others as per Law of succession.
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Prabhakara S K Shetty Exp: 19 Year(s) Bangalore
I am drafting a will and I want to attach the photographs and signature of the beneficiary. Does it make the will invalid?
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A. Signature of beneficiary will make the will invalid.
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Prabhakara S K Shetty Exp: 19 Year(s) Bangalore
I am drafting a will and I want to attach the photographs and signature of the beneficiary. Does it make the will invalid?
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A. Signature of beneficiary will make the will invalid.
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Prabhakara S K Shetty Exp: 19 Year(s) Bangalore

Anonymous

Posted 1 year ago

A person makes a will in the year 1961 allotts one property to his six sons all six separate pieces in 1350 sq ft already built in 1961,he has put in a clause that his sons should not sell ,mortgage,obtain bank loan on that property. Three sons have expired their legal heirs have transferred the khata to their names also one legal heir has obtained a bank loan on that property,the three legal heirs have come together and have kept their shares for sale. My question is it advisable to purchase the property, my doubt stands on the conditions placed in the will that it should not be sold or mortgaged..But one person has also availed bank loan also. Is it advisable to purchase the property.
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A. A legatee getting a property gets the title absolutely and such conditions prohibiting sale, mortgage do not legally bar the legatee from doing so.
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Prabhakara S K Shetty Exp: 19 Year(s) Bangalore

Prashanth S

Posted 1 year ago

I would like to know the process involved for registering a will. Since my father is not able to ambulate, I would like to know if this service can be done at door step.
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A. You have to requisistion the Sub-registrar for door step service. But will need not be compulsorily registered.
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Prabhakara S K Shetty Exp: 19 Year(s) Bangalore

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