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guidance in Preparation of will
24-Feb-2023 (In Wills / Trusts Law)
Husband wife both are 70. Wife is medico stable taking care of finance. They are making a will saying if wife dies the property goes to the husband and vis-a versa. Challange is that if Husband survives. He has to remake the will and will not know whether he will be in position to make a will or take care of finances. In that case how to make a will.
in case the husband survives, the husband can appoint a person whom he can trust, like a chartered accountant or a lawyer or any close person to act on his behalf. if husband and wife do not have any legal heirs after their demise they can open a trust account and manage their affairs through the trust, so that after the death of husband and wife the transfer of property and other litigation will not be a problem.
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Adv. Rushabh Ramaswamy
Mumbai | 25+ Answers
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