Inherited property rules
Inherited property rules:
Who is the legal heir for the mother's property? After the mother's death, the legal heir to the property is her children and husband with equal rights/shares in the property if she had not inherited the property as ancestral property.
Can an inherited property be willed?
However, a person cannot include those assets which are mot legally transferable in his testament. "For an inherited property, a Hindu man can only distribute his share in the property through a will," says Saurabh tiwari, Delhi-based lawyer. ...He can give his share in the inherited asset to anyone he wants.
How is inherited property divided?
Two or more legitimate children are entitled to divide the 1/2 of the hereditary equally among themselves. The surving spouse is entitled to 1/4 of the hereditary estate if there is only one legitimate child. The legitime of the surviving spouse is taken from the free portion of the estate.
Comments
Post a Comment