Will deed
pushpakrishna
(Querist) 19 April 2013
This query is : Resolved
Dear Experts,
'A' died leaving his two sons two daughters behind him.during his life time 'A' executed a registered will deed regarding Bank deposits in favor of his second son.he clearly mentioned in the will that all bank deposits has to get by his second son only.Is it necessary to have the succession certificate from the competent court by the second son to receive the bank deposits. Or can second son by taking affidavits by the first son and daughters is enough. kindly advice on behalf of the second son.
M.Sheik Mohammed Ali
(Expert) 19 April 2013
its depend upon the time and bankers. more than one year of deceased must get lrs from court.
Rajendra K Goyal
(Expert) 19 April 2013
Since the will is available, the same should be probated from a competent court and on the basis of probate from court the claim from Bank should be lodged. Court fee Stamp in case of succession certificate is more.