Self-acquired Property rights



Self-acquired property rights:

Unlike an ancestral property, you are free to give your self-acquired property to anyone you wish to. ... The ancestral property will pass on from the father to the son. In case of a self-acquired property, however, the father can transfer the property rights to anyone he wishes to.


Who can claim self acquired property?

During the lifetime of the mother, a son cannot claim any share in her-acquired property. In the case of Hindus, A son can, therefore, claim a right in the self-earned property of his mother if the mother has died intestate. Both son and daughter have equal rights.


How is self acquired property divided?

SELF ACQUIRED PROPERTY:

All property other than joint family or coparcenary property is separate property. ... When a division or partition happens in a joint Hindu family, then an ancestral property it becomes a self-acquired property in the hands of a family member who has received it.

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