Will reg
JEGADEESAN
(Querist) 10 May 2014
This query is : Resolved
Dear Sir,
I need to clarify some doubt regarding will.
1.What is the stamp duty should be paid for writing /executing a will ?Is there any standard stamp duty & or based on Property value?.
2.Is there any formality like will should be written by the property holder's hand ? or it may typed ?
3.Whether registration of Will is mandatory ? if yes when?
4.What will happen if the will has not been registered for a long time from the date of demise of the property holder? i.e. more than 15 years due to unknown about the will executed matter i.e. the property holder has not inform to any one of the family member?
Devajyoti Barman
(Expert) 10 May 2014
are you an advocate or law student?
You regularly post queries on different topics.
adv. rajeev ( rajoo )
(Expert) 10 May 2014
If you want to register the will you will have to pay the stamp duty in accordance with the state stamp act.
Will can be written in plain paper also.
Rajendra K Goyal
(Expert) 10 May 2014
1. Stamp duty differs from state to state. No stamp duty payable on will, if registered registration charges need to be paid.
2. Can be hand written or typed, should be signed by the executor and two witness.
3. Not mandatory.
4. It should be probated.
dr g balakrishnan
(Expert) 10 May 2014
registration is not mandatory; when you write a will on any immovable properties then you have to attach with will all proper copies of documents that you will for clarity on what you willed;
then will can be written by any even on toilet paper it is said. if you do so your will end up in toilet only;
it is a serious document ensure you do not deny rightful shares to rightful share holders in your property so that there would not be internecine battles among them; never deny any one's right over your property why even your own illegal children if you happen to have and even living in relations too, that way you should be justiciable, after all your will after your death that becomes final will when your properties can be taken or if you want in your life time that is called partitioning of your properties, no doubt your children or any one interested in property cannot force you to partition your property that forcing is illegal!
Sankaranarayanan
(Expert) 10 May 2014
Mr jagdesan. First clear rhe doubt of mr Barman ji. You keep asked so many issues. So we would like to clarify
ajay sethi
(Expert) 11 May 2014
agree with Mr goyal
T. Kalaiselvan, Advocate
(Expert) 11 May 2014
I too agree with the opinions expressed by Mr. Goyal on the subject, nothing more to add, before that the author may please answer expert Mr. Barman's question.
JEGADEESAN
(Querist) 11 May 2014
Dear Mr.Rajendra K Goyal Thank u so much for your reply.
dr g balakrishnan
(Expert) 11 May 2014
goyal is okay on stamp duty, pls see you can log on the stamp duty of the relevant duties that will give you latest position me jagadesh!
