Transfer Of Ownership On The Basis of Registered Will- Properties are becoming the main reason for disputes among families nowadays. When the elder of the family dies without distributing the property and assets among the children then the conflict between the family occurs. We all know that death is a natural cause and no one is waiting for their elders to die but to reduce this property and assets disputes we can go for the option of registered will.
A will is a legal document of a person in which he states how his assets or belongings will be distributed among other family members. The owner of the belongings after a person’s death can be anyone according to the choice of the deceased person. Will can also include details about the minor child. It can also contain the name of the guardian. In this blog, learn in-depth about the transfer of ownership on the basis of registered will.
What is Registered Will?
A registered will is a will that is executed under the provisions of the Indian laws and in front of relevant authorities. This is legally valid and you can take assistance from the court in case of any dispute as registered will guarantee that everyone will respect the will of the deceased person and will do according to the will only. In case of unregistered you will face difficulties.
The Process of Execution of the Registered Will
There a proper laws or guidelines to register the will with proper details and documentation. You need to follow every step very carefully to avoid the conflict after the death. There should be an updation in the will regularly till death as the will can be changed as per the choice of the person and if there are any changes then you should update it according to the rules immediately because the court will decide based on the real last statement of the deceased person.
- Content of the will: you have to decide the content of the will like your details, details of the property or assets, beneficiaries’ names, identities, etc.
- Write a will: A will can be handwritten or typed. Both will be acceptable in the court. But you should take the assistance of a lawyer because they can guide you properly about the format of the will.
- Witnesses of the will: Two witnesses will be required to witness the will of the person. Their identities are needed for the witness process.
- Register the will: After completion of the whole process, you can go to the court for the registration of the will as per laws. You have to give your will for registration and don’t forget to keep a copy of the will.
Steps for Transfer Of Ownership On The Basis of Registered Will
You have to follow some legal steps for the transfer of ownership through the registered will. As the will is registered then you have to obtain probate from the court by submitting an original copy of the will and death certificate of the deceased person.
Here are the steps listed below you need to follow for the transfer of ownership based on the registered will:
- Verification of the will: You need to get your will verified by the court first. You have to apply for the probate in the court. Probate is a legal term or procedure in which the court identifies that what is the last statement of the deceased person. You have to apply for the probate and after verification court will provide you a certificate of verification which is known as probate.
- Collection of probate: You need to collect probate from the court after the completion of the verification process. In this court will update that your will is verified and you are eligible for the transfer of ownership.
- Documentation: At this step, you have to submit a few more documents like the death certificate of the deceased and copies of the will and probate.
- Transfer of ownership: After the granting of the probate you can easily transfer the ownership with few documents and few legal formalities.
- Payment of dues: Now the heir is responsible for any dues and payment of the deceased person.
Role Of Gupta Document Center
Gupta Document Center is a center where you can find assistance for your ownership transfer. Here you will get advice from legal professionals and document experts. You will get the proper guidance about the whole procedure.
Here is some key assistance provided by the Gupta Document Center:
- Drafting and registering wills
- Document management
- Legal assistance in probate
- Help in ownership transfer
- Dispute resolution
Conclusion
Transfer of ownership on the basis of registered will can be confusing and hectic but you can get assistance from the Gupta Document Center where you will the documentation experts and legal professionals and they will assist you in applying for probate and getting it done earlier.