Fights over property and assets between family members and relatives is common in India. These fights result in long battles in court (litigation) which take years tresolve rendering the making of a will necessary.
Will is a document in which you state how you wish tdistribute your assets and property tyour heirs (beneficiaries) after your death. The will can be enforced only after your death.You need tappoint an executor (person whsees that the assets are distributed as per your wish) as you are not around tdit yourself.
You can will only what you legally own tyour heirs (children).You can will only the wealth and assets you have earned in your lifetime tyour heirs. (If your dad has willed you his property it automatically passes tyour children).
You cannot merely state “ I will” .You need tmention “what you will “ such as a land or a property.
If you die intestate (without making a will) you have ncontrol on whinherits your property (it can gtsomeone you don’t like).If you die without making a will then the state decides how tdivide your property as per the laws of the country.
Fights among family members leads tproperty going tsomeone outside the family. (Some elderly people give their wealth tsomeone whis close tthem in their last years).Fights among siblings for the control of business assets (factories and property) of their parents after they pass away.
If you are over 18 years of age and of sound mind then you can make a will.
The legality of the will needs tbe proved in a court of law called a probate. After a probate the will cannot be contested by (those whare left out of it) that you were of unsound mind when the will was made.
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