Regarding nomination
Dinesh
(Querist) 14 August 2014
This query is : Resolved
Dear Experts,
I want to nominate my wife for our house. I want to know if I can write in the nomination form separately that in the event of my death and that of my wife , the share, title and intrest should go to my son. In the nomination form, I want to nominate the full property for my wife and only on her death for my son. Is it ok to write on a ready printed nomination form a handwritten note to nominate my son in the vent of death of both myself and my wife. My son is a minor currently.
Thanks in Advance for your expert opinions.
Deepak Nair
(Expert) 14 August 2014
There is no such practice prevalent. You can nominate your wife.
For the remaining purpose you can prepare and register a will.
ajay sethi
(Expert) 14 August 2014
you can nominate 100%^share in flat to your wife . please note nominee is only a trustee for legal heirs . your son would still have equal share in flat even if you nominate your wife . best option is to prepare a will bequeathing share to your wife and in the event she predeceases you to your son
ADV-JEEVAN PATIL, MUMBAI
(Expert) 14 August 2014
Will bequeathing first in favour of wife n on her demise to son is better option
Devajyoti Barman
(Expert) 14 August 2014
Unless it is cooperative society flat, you can not nominate a flat in any of your choice's name.
You can nevertheless execute Will or Gift deed.
Raj Kumar Makkad
(Expert) 16 August 2014
I have also the similar opinion hence no more to add.
T. Kalaiselvan, Advocate
(Expert) 20 August 2014
It is always better to execute a Will in favor of your wife with the desired contents and intentions and manner of bequeathing the properties on your name through that Will.
