Dear All,
my father has 2 houses, one on joine name with my mother and one on his own name. He has made my elder brother as the nominee not even my mother
what i want to ask is, do my mom has any rights to get in the house
Abhineet Arora (-) 17 August 2011
Dear All,
my father has 2 houses, one on joine name with my mother and one on his own name. He has made my elder brother as the nominee not even my mother
what i want to ask is, do my mom has any rights to get in the house
Ashwin Kumar Ballari (PVT) 17 August 2011
Mr Abhineet
Until you father make a will and in that he mentions that his elder son is legal heir for the house property you need not worry.
According to law, a nominee is a trustee not the owner of the assets. In
other words, he is only a caretaker of your assets. The nominee will only
hold your money/asset as a trustee and will be legally bound to transfer it
to the legal heirs. For most investments, a legal heir is entitled to the
deceased’s assets. For instance, Section 39 of the Insurance Act says the
appointed nominee will be paid, though he may not be the legal heir. The
nominee, in turn, is supposed to hold the proceeds in trust and the legal
heir can claim the money.
A legal heir will be the one whose is mentioned in the will.
Abhineet Arora (-) 21 August 2011
Dear Sir,
if my brother is mentioned in the will, then do i have any right to oppose the will and take my part in the will