Transfer of property after death of grandparents to father's name
07-Feb-2023 (In Documentation Law)
The flat where I reside is owned 50% by my father, 25% by my grandmother and 25% by my grandfather. My grandmother and grandfather expired last year. They had made a will in favor of my father to transfer the entire share in the flat in my father's name. But this will was not probated.. My father has 1 brother, 2 sisters and a widow and 2 children of my father's another brother.. Should we go for probating of will? Or should we go for relinquishment deed? What is the procedure for each? What would be the approximate expense for each? What would be the cost and procedure of transferring the share in my father's name after having done one of the above two procedures?
It would be advisable to probate the will. If uncontested you will be able to get the probate soon.
Going for relinquishment deed is a secondary option.
If it is agreed and understood between the family that your father will get the property probate would be the best alternative for your long term benefit
Going for relinquishment deed is a secondary option.
If it is agreed and understood between the family that your father will get the property probate would be the best alternative for your long term benefit
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Documentation lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."