Shanti sharma (None) 15 January 2020
Hi,
Our father passed away last month. My Brother and I are the legal heirs.
My brother was the nominee in all my fathers Bank accounts and he has already recieved the money in his account.
I wish to relinquish my claim to any money from my Father.
Do I simply give it in writing to my Brother or do I have create a gift deed on Stamp paper. Does the same need to be registered also ?
Thanks,
Shanti
Adv Deepak Joshi +917017821512 (Advocate) 15 January 2020
SHIRISH PAWAR, 7738990900 (Advocate) 15 January 2020
Dear madam,
You can execute letter to your brother that you do not have any claim over the bank deposits. And this is sufficient as you have mutually decided to relinquish the money.
Regards,
Shanti sharma (None) 15 January 2020
Shanti sharma (None) 15 January 2020
shamataneja (Advocate) 21 January 2020
If there is any legal formalities to be done by the Bank ,just ask the Bank officials , Are Bank officials asking you for closure of your father's account?.
According to my opinion once money is transferred to your brother's account as you have consented there is no such procedure that you will require registered deed.
Regards
Shama
Regards
Shama
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
