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Father in law's brother trying to claim all FD from ancestral property


14-Mar-2023 (In Property Law)

Hi My father in law has join FD with his brother as survivor,this FD money has come after selling the ancestral property ,after that my father in law has purchase one house and brother in law also purchase one house Now my father in law has been dead and there is still one FD as survivor option ,which his brother is claiming that his money and bank will give money to him as this is survior FD My father in law have now only mother in law and my wife as legal hire Can some how we can stop him to take money from bank ,please advise

Answers (1)

Answer #1
89 votes

As FD was made in the name of your father-in-law and his brother, the bank is bound to give the amount to either or the survivor. But all the legal heirs have the right over the ancestral property and the sale proceeds of the ancestral property. You can approach the court and ask for money that was obtained by the sale proceeds of the ancestral property to be distributed between all the legal heirs.

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