Wednesday, April 6, 2022

6 situations in which you and your children lose legal right to inherit a property

As per the Hindu Succession Act, if a Hindu Male dies intestate (i.e. without having a will), then class-I legal heirs will have first right over the assets including property. However, there are six situations where an individual and his/her children lose their legal right over the assets such as bank accounts, mutual funds, property etc.

from Personal Finance News-Wealth-Economic Times https://ift.tt/yR0KQaY

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