Upon the demise of an individual, it is his or her legal heir(s) who are entitled to inherit the individual’s assets and properties. A legal heir certificate is a vital document for establishing the … READ FULL STORY
For inheritance of property, a legal heir certificate is highly crucial. To inherit an asset that belonged to a deceased member of a family, his legal heirs have to produce two crucial documents: the … READ FULL STORY
Assets of a person pass on through two ways after his death. The first way under which this can happen, is through a Will. A Will refers to a legal document that states that … READ FULL STORY
A person is taxed on the income earned by him. This income may be active income, in the form of salaries or income from business. It may also be passive income, like capital gains … READ FULL STORY
Property dispute numbers in India are quite overwhelming. Only over 66% of the cases pending in various civil courts of India are related to property disputes. Of all the cases that India’s apex court … READ FULL STORY
Home owners are often ignorant about the implications of buying a house property in single name, instead of joint names. One of my colleagues had bought a flat in his name before marriage. After … READ FULL STORY
Updated on August 25, 2020: With an aim to improve home sales amid the Coronavirus pandemic, the Maharashtra government, on August 26, 2020, decided to reduce the existing 5% stamp duty on property registrations … READ FULL STORY
Passing on the assets of a person after his/her death, involves several critical issues, especially if it involves the inheritance of property. Therefore, it is important to understand the various inheritance laws, to avoid … READ FULL STORY
Buying a property is not just about paying the money and taking possession of the unit. The process and the documentation involved in the transaction, is complicated and is often beyond the comprehension of … READ FULL STORY
The reply to a question raised in the Indian parliament revealed that deposits worth Rs 5,124.98 crores were lying unclaimed for 10 years or more, with scheduled banks. This is a huge amount, considering … READ FULL STORY
A committee, which reviewed the Waqf Properties Lease Rules 2014, presented its report to the union minister for minority affairs Mukhtar Abbas Naqvi on January 17, 2019, recommending a slew of changes to bring … READ FULL STORY
Proper succession planning is very important to ensure that the assets owned by you, including any house property, are properly inherited by the people to whom you want these to be passed on to. … READ FULL STORY
