Hi, I am the only son to my parents and I have 3 elder sisters. One of my sister is in desperate need of money and requesting us to give her share in the ancestral property. She is ready to give in writing that she does not need any share in the ancestral agricultural land but to give her some cash for her living now.
My question here is, will the court of law accept her writings that she will not be coming in the later point of time to claim her share in the ancestral property? or is there a way to give something in writing?
The agricultural propery is still on my fathers name. Ideally if I am correct, it should be divided into 5 shares including my mother.
Please advise whether we can accept whatever my sister give in writing and pay her the needed cash now and guarantee that in future she will not come back to ask her share in the property.
Thanks in advance,
Shankar