Precedence of Nomination or Will

The nomination is given under the cooperative societies act, primarily to enable the society to get the transfer/trnasmission in favour of the nominee. This is governed by the Cooperative Societies Act, its ruels and bye-laws as adopted by the society. However, the succession is governed by the succession act - as may be applicable to the member by religion. The Nominee is a trustee of the successors/legatees and bound to distribute the property in accordance with the will of the member/testaror. In the instant case referred by you, the last will and testament takes precedence and the nominee is bound to receive and distribute the property in favour of the testator. vasudevan

Hi,

Thanks for your prompt reply.

So could you please let me know how could I have some legal document which would actually take precendence on any of the wills either made earlier or will be made afterwards, Is there are any such agreement?

Also could you please let me know whether a an aunt can make a gift deed of house property in favour of his nephews wife? if yes what are the taxes which needs to be paid?

Thanks in advance.