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Legal procedure and rights to execute will
02-Jul-2023 (In Banking / Finance Law)
My Father in law made a will saying his left over money in two bank acc after his funeral expenditure will be donated to d trusts he named ..both acc are joint with me .. Wht ever money was left after his treatment n funeral was donated to d named trust with d help of two people who are d trust members ... after it's all been done .. d trust members are accusing me of not giving d details of both accounts . N asking n harassing me to do so ... they want to know d details of d account. What should I do pls help ? Should I give away d details ...?? Do they hav d right to ask .? Since I hav been d joint holder since 2003 many times hav I put money into that acc . And some money in d acc is mine ... but I hav no proof for it ..
Dear Sir,
You have not specified but from the content I presume that Ist name in the accounts was of your father so technically they belong to him, irrespective of your contribution to it. From your conduct it seems that you are not disputing the will as such, otherwise we could have gone for other options. Now once you have decided to honour the will of your father in law, which is very specific you are legally and morally duty bound to disclose the details of the accounts. You may try to collect the cash deposit receipts or cheque details etc regarding your contributions to the account and can request the trusties to consider the same favorably, but legally you have to give them the details. Since legal position is weak it is better to pursue your interest amicablly and tactfully.
You have not specified but from the content I presume that Ist name in the accounts was of your father so technically they belong to him, irrespective of your contribution to it. From your conduct it seems that you are not disputing the will as such, otherwise we could have gone for other options. Now once you have decided to honour the will of your father in law, which is very specific you are legally and morally duty bound to disclose the details of the accounts. You may try to collect the cash deposit receipts or cheque details etc regarding your contributions to the account and can request the trusties to consider the same favorably, but legally you have to give them the details. Since legal position is weak it is better to pursue your interest amicablly and tactfully.
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Adv. Rajnish K Jindal
Chandigarh | 25+ Answers
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