Property under consideration for re-development
22-Jan-2025 (In Wills / Trusts Law)
Greetings,
Can a will be made for a property for which paper work for redevelopment is in progress?
A will can be made for a property even if the paperwork for redevelopment is in progress. The testator (the person making the will) can include the property in the will, specifying that any rights, interests, or ownership arising after redevelopment shall also form part of the testamentary bequest. The will can mention that the property, along with any changes or developments resulting from the ongoing redevelopment, is being bequeathed to the intended beneficiary.
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