LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Wiil

(Querist) 03 March 2012 This query is : Resolved 
Please solve my query..

If A B C D are four brothers have equal share in a property. (value of property- 30,00,000)

Now, They (A C & D) wants to write a will in favour of B.
They ( A C & D) wants transfer this property in favour of B after the Death.
For this purpose they wants to make a WILL in favour of B.



1. What effect of will (वसीयत) happens after death of A?
Ans: - A's share of property will be transferred to B.
2. What effect of will (वसीयत) happens after death of B but before death of A C & D.
Ans:- Please give your answers for this query..................................


Regards
Ajay
ajay12.agarwal@gmail.com
Adv.R.P.Chugh (Expert) 03 March 2012
Learned Seniors may correct me if I am wrong - in my view If B predeceases A then legacy/will lapses - and the property would go to the legal heirs of A.
Arvind Singh Chauhan (Expert) 03 March 2012
1. If property is ancestral it will go to legal heirs of A. If it is self acquired it will go to B according to will.

2. B's share will go to legal heirs of B, and Share of ACD will remain as it is.

Ajay Agarwal (Querist) 03 March 2012

Mr. Arvind ji please confirm me whether WILL/legacy will be lapses after the death of B but before death of A C & D.

And if not,(not lapses)
Can benefits of WILL/Legacy transferred to legal heirs of B?
Arvind Singh Chauhan (Expert) 03 March 2012
Yes wil/legacy will bw lapsed automatically and no question arises about benefit of will.

Raj Kumar Makkad (Expert) 03 March 2012
I fully endorse the views of Arvind. If B passes prior to his 3 brothers then his own (B) share shall be inherited by his legal heirs and will of A, C & D shall have no meaning means it shall lapse and those are free to change it.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :