Mr. X & Mrs built a property in New delhi with thier joint finances. on the rented part of the property they have been
paying taxes indiviually on 50:50 basis for several years to date. There is no proof with either of the party that Mr. X & Mrs. X had contributed to the purchase/ construction on 50:50 basis. Tax authorities have never sent any notice to either of the party about the correctness of their statement of 50;50 contibutions.The property stands registered jointly in their names.
On the demise of Mr. X interstate, will Mrs. X automatically become the sole owner of the whole property, or their children can also claim their shared rights to 50% of the property between them incuding Mrs. X left by the deceased MR. X. This can lead to dispute between Mrs. X and her children on the partition of the said property.
What could have been done by Mr. X in his life time to avoid such a situation. Is it advisable to Mr. X , that he should have wriiten a Will that on his demise, his 50% share of the property shall go to Mrs. X..
