{"id":20715,"date":"2021-10-01T07:01:05","date_gmt":"2021-10-01T07:01:05","guid":{"rendered":"https:\/\/demo.munark.in\/sinhasi\/?p=20715"},"modified":"2025-02-19T07:34:03","modified_gmt":"2025-02-19T07:34:03","slug":"will-registration-probate","status":"publish","type":"post","link":"https:\/\/demo.munark.in\/sinhasi\/inheritance-succession-planning-with-sinhasi\/will-registration-probate\/","title":{"rendered":"WILL Registration and Probate"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"20715\" class=\"elementor elementor-20715\">\n\t\t\t\t        <section class=\"elementor-section elementor-top-section elementor-element elementor-element-73963ea elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible\" data-id=\"73963ea\" data-element_type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8fa39a1 pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"8fa39a1\" data-element_type=\"column\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n                <section class=\"elementor-section elementor-inner-section elementor-element elementor-element-2273998 elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible\" data-id=\"2273998\" data-element_type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-b6478fe pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"b6478fe\" data-element_type=\"column\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-ddfcec7 elementor-widget elementor-widget-image\" data-id=\"ddfcec7\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"600\" src=\"https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-my_last_will-blog_banner.jpg\" class=\"attachment-large size-large wp-image-20717\" alt=\"\" srcset=\"https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-my_last_will-blog_banner.jpg 1000w, https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-my_last_will-blog_banner-300x180.jpg 300w, https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-my_last_will-blog_banner-768x461.jpg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t        <section class=\"elementor-section elementor-inner-section elementor-element elementor-element-4114304 elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible\" data-id=\"4114304\" data-element_type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-aa4c3b9 pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"aa4c3b9\" data-element_type=\"column\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-9ac4986 elementor-widget elementor-widget-heading\" data-id=\"9ac4986\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What are they and what do they mean?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-78c7394 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"78c7394\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-59e4356 elementor-widget elementor-widget-heading\" data-id=\"59e4356\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><b>1<\/b><br>\nLETS\u2019 UNDERSTAND REGISTRATION OF WILLs<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-40e21b0 elementor-widget elementor-widget-text-editor\" data-id=\"40e21b0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A lot of us write our WILLs but do not know whether it needs registration or not and there are a lot of touts in the registering authority who take grieving relatives for a ride asking them to register a dead man\u2019s will. Leaving the ethical side of the business aside, let us first see whether registration is necessary, and if it is, what are the circumstances.<\/p><p>The registration of any document including WILLs are as per \u201cThe Registration Act-1908\u201d. According to this Act, Section 17 &amp; 18 specifies which documents need to be registered mandatorily and which documents the registration is optional.<br \/><br \/>According to the section (18 e), a WILL document falls under the category, where registration is optional. The reasons are as follows,<\/p><ul><li>Registration of any document is Mandatory when both the parties are\u00a0<strong>alive<\/strong>\u00a0(i.e Buying \/ selling land and house).<\/li><li>However, when it comes to WILL, it basically happens when the person bequeathing is\u00a0<strong>deceased or dead<\/strong>, and the receiver is alive. In this scenario, the WILL registration is not mandatory. This is the core of this act.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ca44ba elementor-widget elementor-widget-text-editor\" data-id=\"5ca44ba\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong><em>So basically, the law does not require the WILL to be registered.<\/em><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t        <section class=\"elementor-section elementor-inner-section elementor-element elementor-element-58a9c82 elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible\" data-id=\"58a9c82\" data-element_type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-0943769 pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"0943769\" data-element_type=\"column\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-b6adb44 elementor-widget elementor-widget-image\" data-id=\"b6adb44\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/elementor\/thumbs\/sinhasi-portfolio-diversification-blog-mimi-partha-sarathy-r6t80wy7hs13ioutz0z6ldmpwil5gi1svz3d0nun30.png\" title=\"sinhasi-portfolio-diversification-blog-mimi-partha-sarathy\" alt=\"sinhasi-portfolio-diversification-blog-mimi-partha-sarathy\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n                <div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-be5efbd pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"be5efbd\" data-element_type=\"column\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-2e6bc58 elementor-widget elementor-widget-text-editor\" data-id=\"2e6bc58\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><em>If there is no dispute within the family about distribution of assets, and all members are amicable, then registration of a WILL is not required. However, when there is uncertainty and dispute among family members, and the assets are large and wide spread, registration of WILL is necessary to ensure that the assets are transferred correctly without any hinderances to the respective heirs and also ensures greater authenticity to the WILL document.<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9ad13c5 elementor-widget elementor-widget-text-editor\" data-id=\"9ad13c5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><em><strong>MIMI PARTHA SARATHY<\/strong><\/em><br \/><em>Managing Director,<\/em><br \/><em>Sinhasi Consultants Pvt. Ltd.<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77a50b7 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"77a50b7\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t        <section class=\"elementor-section elementor-inner-section elementor-element elementor-element-d86cead elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible\" data-id=\"d86cead\" data-element_type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-c05bf4a pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"c05bf4a\" data-element_type=\"column\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-e0910cf elementor-widget elementor-widget-text-editor\" data-id=\"e0910cf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h5><em>For everybody who had the question of whether to register their will<\/em><\/h5><p>With regard to your WILL, we feel and suggest that there is no need of registration, if you lead a simple life AND all family members are amicable AND if your assets are mainly being given to class 1 heirs \u2013 namely your spouse and children. However, if you would like to register your will, it is fine to go ahead and register.<\/p><h5><em>Case 1<\/em><\/h5><p><br \/>Recently my friend\u2019s mother passed away and they had a handwritten will, properly signed with witnesses, and when he went to do the transfer of assets mentioned, it was rejected as it was not \u2018registered\u2019, which is not mandatory as mentioned. What can be asked for is \u2018probate\u2019 of will. Especially when family members are already grieving about loss of their loved ones, such demands cause more stress and confusion.<\/p><p>In this case mentioned, please remember that registration of WILL is not possible since it is after demise of the person. The respective person who has written the WILL should be MANDATORILY BE alive during the registration process.<\/p><p>According to us, the formalities \/ procedure which happened to the relatives was for \u201cProbate of WILL\u201d which is a procedure according to the Indian succession act 1925 for applying for succession certificate etc.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66f1d93 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"66f1d93\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cae934e elementor-widget elementor-widget-heading\" data-id=\"cae934e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><b>2<\/b><br>\nLETS\u2019 UNDERSTAND PROBATE OF WILLs<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8cd911c elementor-widget elementor-widget-text-editor\" data-id=\"8cd911c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h5><em>So what is a WILL Probate?<\/em><\/h5>\nAs per Indian Succession Act-1925), probate is the judicial process through which the validity and authenticity of a WILL is determined in a court of Law. WILL probate is also possible only post demise of the testator.\n<ul>\n \t<li>According to the succession Act-1925, if the WILL is executed in Chennai, Mumbai, Kolkata AND if a WILL relates to the properties situated within these 3 cities, Probate is mandatory.<\/li>\n \t<li>According to the succession Act 1925, probate is NOT mandatory in other cities and cases apart from above point.<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1735b8f elementor-widget elementor-widget-text-editor\" data-id=\"1735b8f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong><em>During the probate of the WILL, court will check &amp; conclude only about \u201coriginality of the WILL document\u201d and will not get into the content of the WILL and subsequent disputes if any.<\/em><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7dbc066 elementor-widget elementor-widget-text-editor\" data-id=\"7dbc066\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h5><em>WILL Probate regarding financial instruments (As per current practice)<\/em><\/h5>\nDespite the WILL probate not being mandatory as per law except in the above point pertaining to Chennai, Mumbai, Kolkata, all financial institutions i.e Insurance companies, Banks, MF AMCs, Stockbrokers \/ depositories insist on probated WILL to ensure that the financial assets are getting transferred to correct persons. This has become the norm today to avoid disputes with third parties once the financial assets are transferred as per the WILL.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d9ab0f9 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"d9ab0f9\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e506154 elementor-widget elementor-widget-heading\" data-id=\"e506154\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><b>3<\/b><br>\nWILL REGISTERING MY WILL MAKE IT STRONGER?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a9e5dc6 elementor-widget elementor-widget-text-editor\" data-id=\"a9e5dc6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The distribution of assets start post the demise of the person &amp; the following points are specifically with regard to financial assets.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d3c1dd4 elementor-widget elementor-widget-image\" data-id=\"d3c1dd4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"880\" height=\"495\" src=\"https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-blog-will_registering.jpg\" class=\"attachment-full size-full wp-image-20720\" alt=\"\" srcset=\"https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-blog-will_registering.jpg 880w, https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-blog-will_registering-300x169.jpg 300w, https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-blog-will_registering-768x432.jpg 768w\" sizes=\"(max-width: 880px) 100vw, 880px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t        <section class=\"elementor-section elementor-inner-section elementor-element elementor-element-15dd311 elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible\" data-id=\"15dd311\" data-element_type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-77341b6 pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"77341b6\" data-element_type=\"column\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-2b96ebb elementor-widget elementor-widget-text-editor\" data-id=\"2b96ebb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>Usually the Mutual Fund AMCs, Banks, stockbrokers will first check if there is a second holder &amp; if the second holder is alive, the assets will be transferred to his\/her name.<\/li><li>If there is no second holder, MF AMCs, Banks, stockbrokers will look at who has been nominated in the agreement and the transmission of assets will be done to nominee.<\/li><li>If there is no nominee registered, the legal heirs must produce a WILL and, in this scenario, the WILL document needs to be authenticated by court via probate.<\/li><li>This probate is required for both &#8216;registered WILL&#8217; as well as &#8216;unregistered WILL&#8217;. This probate is mandatory to verify that the respective WILL document is genuine.<\/li><li>Basically, the WILL document supersedes everything including nominee and second holder. Final distribution of assets will be as per WILL (if it is there) or as per succession act. In this case, second holder &amp; nominee are just a custodian if they are not beneficiary as per WILL.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n                <div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-43196f5 pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"43196f5\" data-element_type=\"column\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-81fd87a elementor-widget elementor-widget-image\" data-id=\"81fd87a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-blog-financial-assets2-1-1024x1024.png\" class=\"attachment-large size-large wp-image-20728\" alt=\"\" srcset=\"https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-blog-financial-assets2-1-1024x1024.png 1024w, https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-blog-financial-assets2-1-300x300.png 300w, https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-blog-financial-assets2-1-150x150.png 150w, https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-blog-financial-assets2-1-768x768.png 768w, https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-blog-financial-assets2-1-710x710.png 710w, https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-blog-financial-assets2-1-600x600.png 600w, https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-blog-financial-assets2-1-700x700.png 700w, https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2021\/10\/sinhasi-will-registration-and-probate-blog-financial-assets2-1.png 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t        <section class=\"elementor-section elementor-inner-section elementor-element elementor-element-551f58e elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible\" data-id=\"551f58e\" data-element_type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-a8b0edf pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"a8b0edf\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-8046969 elementor-position-top elementor-widget elementor-widget-image-box\" data-id=\"8046969\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" src=\"https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/elementor\/thumbs\/sinhasi_meditation_icon-r50u3m6d9cx053nehxa6rxhm9fmtyhs5canyakjsdw.png\" title=\"sinhasi_meditation_icon\" alt=\"sinhasi_meditation_icon\" loading=\"lazy\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Conclusion:<\/h3><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-91e4bbf elementor-widget elementor-widget-text-editor\" data-id=\"91e4bbf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Here are some important points for the correct transfer of your assets and for registering and probate of WILLs:<\/p><ul><li>Ensure the second holder or nominee in all your financial assets is as per who want to bequeath to in your WILL. This makes transfer of assets easy with no surprises.<\/li><li>If there is no dispute among family members, and everyone is amicable with each other, and your assets are being bequeathed to your class 1 heirs \u2013 i.e. spouse and children, a simple unregistered WILL will do.<\/li><li>Simple WILLs can be hand- written neatly and legibly or can be typed so it can be clearly read.<\/li><li>Ensure you have 2 witnesses for your WILL.<\/li><li>When there are large and multiple assets and many beneficiaries, it is best to get legal expertise in ensure a well \u2013 drafted WILL with registration.<\/li><li>While inheriting assets, be ready to probate WILLs today since this has become a norm for transfer of financial assets.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t        <section class=\"elementor-section elementor-inner-section elementor-element elementor-element-ef594e1 elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible\" data-id=\"ef594e1\" data-element_type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-4ce9ccf pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"4ce9ccf\" data-element_type=\"column\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-3b4c289 elementor-widget elementor-widget-text-editor\" data-id=\"3b4c289\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Sinhasi has been helping people execute their last will and testaments since 2003. Reach out to us for your estate planning and Will preparation so that basis your nominations and joint holders in your investments we ensure that no one suffers.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n                <div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-295d091 pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"295d091\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-36d0f9c elementor-widget elementor-widget-text-editor\" data-id=\"36d0f9c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><em>Reach out to us<\/em><\/h3><p>We can help you understand how to maximise your investment goals or leave a comment below on your thoughts.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9350df4 elementor-widget__width-auto elementor-widget elementor-widget-image\" data-id=\"9350df4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"tel:+919606618000\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"50\" height=\"50\" src=\"https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2025\/02\/call-icon.png\" class=\"attachment-large size-large wp-image-19592\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7098072 elementor-widget__width-auto elementor-widget elementor-widget-image\" data-id=\"7098072\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"mailto:mimi.ps@sinhasi.com\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"50\" height=\"50\" src=\"https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2025\/02\/e-mail-icon.png\" class=\"attachment-large size-large wp-image-19593\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-738d66b elementor-widget__width-auto elementor-widget elementor-widget-image\" data-id=\"738d66b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/demo.munark.in\/sinhasi\/contact\/\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"50\" height=\"50\" src=\"https:\/\/demo.munark.in\/sinhasi\/wp-content\/uploads\/2025\/02\/sinhasi_send_request_icon.png\" class=\"attachment-large size-large wp-image-19594\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t        <section class=\"elementor-section elementor-inner-section elementor-element elementor-element-c2d12ef elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible\" data-id=\"c2d12ef\" data-element_type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-1e6cff2 pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"1e6cff2\" data-element_type=\"column\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-8e098a7 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"8e098a7\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-18f0714 elementor-widget elementor-widget-text-editor\" data-id=\"18f0714\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Bibliography<\/strong><\/p><p><a title=\"How do you make a Will in India\" href=\"https:\/\/www.sinhasi.com\/blogs\/sinhasi-live\/steps-family-will-india\">How do you make a Will in India<\/a>\u00a0|\u00a0<a title=\"Will Registration \u2013 How To Register A Will In India?\" href=\"https:\/\/vakilsearch.com\/advice\/will-registration-how-to-register-a-will-in-india\/\" target=\"_blank\" rel=\"noopener\">| Will Registration \u2013 How To Register A Will In India?<\/a>\u00a0VAKIL SEARCH |\u00a0<a title=\"Guide to Will Registration\" href=\"https:\/\/www.indiafilings.com\/learn\/guide-will-registration\/\" target=\"_blank\" rel=\"noopener\">Guide to Will Registration<\/a>, INDIA FILINGS |\u00a0<a title=\"It is not necessary to register a Will for it to be valid\" href=\"https:\/\/www.livemint.com\/Money\/x7Yh40v1N3m7qToh1uvCkP\/It-is-not-necessary-to-register-a-Will-for-it-to-be-valid.html\" target=\"_blank\" rel=\"noopener\">It is not necessary to register a Will for it to be valid<\/a>, LIVE MINT<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dbda1e7 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"dbda1e7\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t        <section class=\"elementor-section elementor-inner-section elementor-element elementor-element-dffd7b7 elementor-hidden-tablet elementor-hidden-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible\" data-id=\"dffd7b7\" data-element_type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-7bed232 pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"7bed232\" data-element_type=\"column\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-0ef0d6a elementor-widget elementor-widget-text-editor\" data-id=\"0ef0d6a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #532774; font-weight: bold;\">For more details Contact:\u00a0 <\/span><strong>Mr. Rajanish\u00a0&#8211;\u00a0<\/strong>\u00a0<a href=\"tel:+919900130321\">9900130321<\/a> | <strong>Mr. Saisri &#8211; <\/strong>\u00a0<a href=\"tel:+919740013581\">9740013581<\/a> | <strong>Email\u00a0&#8211;\u00a0<\/strong><a href=\"mailto:contactus@sinhasi.com\">contactus@sinhasi.com<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t        <section class=\"elementor-section elementor-inner-section elementor-element elementor-element-3fc6410 elementor-hidden-desktop elementor-hidden-laptop elementor-hidden-tablet_extra elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible\" data-id=\"3fc6410\" data-element_type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-6f69744 pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"6f69744\" data-element_type=\"column\">\r\n        <div class=\"elementor-widget-wrap elementor-element-populated\">\r\n                     \r\n        \t\t<div class=\"elementor-element elementor-element-2890eef elementor-widget elementor-widget-text-editor\" data-id=\"2890eef\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<span style=\"color: #532774; font-weight: bold;\">For more details Contact:\u00a0<br> <\/span><strong>Mr. Rajanish\u00a0&#8211;\u00a0<\/strong>\u00a0<a href=\"tel:+919900130321\">9900130321<\/a> <br>|<br> <strong>Mr. Saisri &#8211; <\/strong>\u00a0<a href=\"tel:+919740013581\">9740013581<\/a> <br>|<br> <strong>Email\u00a0&#8211;\u00a0<\/strong><a href=\"mailto:contactus@sinhasi.com\">contactus@sinhasi.com<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t            <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t        <section class=\"elementor-section elementor-inner-section elementor-element elementor-element-a16c3f7 elementor-section-boxed elementor-section-height-default elementor-section-height-default pxl-row-scroll-none pxl-zoom-point-false pxl-section-overflow-visible\" data-id=\"a16c3f7\" data-element_type=\"section\">\n\n                \n                <div class=\"elementor-container elementor-column-gap-default \">\n                <div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-201e617 pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"201e617\" data-element_type=\"column\">\r\n        <div class=\"elementor-widget-wrap\">\r\n                     \r\n                    <\/div>\r\n        <\/div>\r\n                <div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-c614608 pxl-column-none pxl-column-overflow-hidden-no\" data-id=\"c614608\" data-element_type=\"column\">\r\n        <div class=\"elementor-widget-wrap\">\r\n                     \r\n                    <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t            <\/div>\r\n        <\/div>\r\n        \t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>In today\u2019s times, nobody wants to be caught on their wrong foot and are trying to ensure that everything goes smoothly as per their thinking. Which is why it is important to see the points we have compiled on these three distinct topics throughout our years of<\/p>\n","protected":false},"author":1,"featured_media":20717,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"footnotes":""},"categories":[70],"tags":[130,92,129],"class_list":["post-20715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-inheritance-succession-planning-with-sinhasi","tag-financial-assets","tag-financial-planning","tag-will"],"_links":{"self":[{"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/posts\/20715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/comments?post=20715"}],"version-history":[{"count":0,"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/posts\/20715\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/media\/20717"}],"wp:attachment":[{"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/media?parent=20715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/categories?post=20715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/demo.munark.in\/sinhasi\/wp-json\/wp\/v2\/tags?post=20715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}