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Author Topic: clarification needed on property share  (Read 892 times)

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Offline Nkumar

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clarification needed on property share
« on: October 23, 2013, 02:42:38 PM »
I would like to get some clarity around properties that my father own. I am aware that all the children (be it son or daughter) have equal rights. I am the only son and have 2 elder sisters. All of us are married now. My question here is "Is it a must that my father should officially transfer the property share (registration) to each individual (myself and two sisters) so that there is no issue for any one of us in the future or any sort of will that can be written by father on the shares that should go to each one of the children after his life. Pls clarify.

Offline advsarmaroy

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Re: clarification needed on property share
« Reply #1 on: October 23, 2013, 05:37:23 PM »
He should make a registered will, clearly staying his wish to be carried out after his death. Transfering property while he is alive, is not advisable at all
Advocate Sarmaroy
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Offline Nkumar

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Re: clarification needed on property share
« Reply #2 on: October 29, 2013, 12:37:50 PM »
Thank you for the clarification.

 

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