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Money from Sale of property but he is deceased now
19-Aug-2023 (In Property Law)
My father sold a property and bought another with half of the money. But before investing the remaining half in another property he passed away. Some of the money is in bank and some is with a relative in cash. Can someone help me know what can we do with the money now that father is no more. Can we buy another property in my mom's name with that money. If not what is the tax implication if we give all that money to my mom.
I have perused the contents of your query and would advise you to seek a detailed consultancy from a lawyer having expertise in property matters. Is there any Will of your father or he has died intestate. Better particulars are required to advise you on this issue.
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Adv. Anubhav Kathuria
Delhi | 1000+ Answers
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aapane bataya hai ki aapke father mein property bachi thi Uske aadhe paise mein property liya tha Facebook gaya tha Bank mein hai rishtedaro ke pass mein hai apne liye aapko Court mein succession ka mukadma file karna padega aur jo property hai usko
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Adv. Ravindra Kumar Panwar
Delhi | 200+ Answers
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