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When a family member passes away, their property, bank accounts, shares and society flat have to be transferred to the right people. Batavia Legal handles probate, letters of administration and succession certificates, and the transfers that follow.
Probate is granted to the executor named in a will and confirms that the will is valid. Letters of administration are granted when there is no will, or when the will names no executor who can act. Banks, societies and land authorities often ask for a grant before they will transfer assets, and whether one is needed in a particular case depends on the will, the assets and the law that applies.
Testamentary petitions for Mumbai are filed on the Testamentary and Intestate jurisdiction of the Bombay High Court.
The death certificate, the original will if there is one, details of the legal heirs, and a list of the assets with supporting papers such as share certificates, bank statements, property documents and the society share certificate.
Not necessarily. Nomination lets the society transfer the share to the nominee, but the nominee may hold it for the benefit of the legal heirs or the beneficiaries under a will. Who ultimately owns it depends on the will or the law of succession.
It is granted by a civil court and allows the holder to collect debts and securities of the deceased, such as bank deposits or shares, where there is no probate or letters of administration.
General information only. It is not legal advice for your situation.
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