mahan mahan (NIL) 27 April 2021
whether a will can be made such that to
1. bestow powers to sell the assets during life time of the first beneficiary and
2. thereafter after the life of first beneficiary, to pass on the remaining unsold assets, including unspent money deposits to second beneficiary to be specified in the subject will of the testator
SHIRISH PAWAR, 7738990900 (Advocate) 27 April 2021
Hello,
As per me yes, a person can mention in the will how his property will devolve between the beneficiary.
Sankaranarayanan (Advocate) 27 April 2021
Based on the statement in WILL it shall enforce
Hey,
I am a bit apprehensive about that. From what I understand once the first beneficiary accrues the assets vide your will, he will have all the say in the future of those assets. In the scenario that he has not sold them to someone else in his life time, you cannot dictate to whom it should go further on. It would further go on to his/her legal heirs or beneficiaries of his will.
I look forward to any corrections of my understanding from my seniors from the bar.
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