Why Should a Property Will be Created?

1
Q
Menu ?
Why Should a Prooerty Will be CreatedP Why Should
a Property Will be Created? February 27, 2018
Real Estate i Srishti Chandola
ifc Like 1
It is just the rich who have to worry about
creating the will this is not the business that
an average would actually bother about. This is
how most of us definitely think. Unfortunately,
such thinking has led to much pending litigation
in the Indian courts. This is why creating the
will should not be looked upon the option but an
obligation by everyone. Here are reasons why
every one of us should leave a will-Part of the
planning Earning money while you reside doesn't
happen to be the end of the game the financial
planning must include how wealth will be used
when you actually are gone. Your accumulated
personal wealth, no matter how the meager it
might be, is the result of years of impeccable
financial planning and hard work. You don't want
to leave its distribution at mercy of law when
you are gone. You must have definitive say in
your wealth manner should distribute among the
heirs. Creating will for the purpose is a logical
conclusion. Not legally bound There is a specific
manner in which the law prescribes the property
distribution among legal heirs. And, maybe you
don't want the hard earned money to distribute in
the same manner. What if you want to provide a
bigger share to your daughter in the property,
you feel she is more sensitive towards you than
anyone else or your son for that matter. A will
is a way to have it the way in a matter of your
own wealth. Inheritance of loss Most of us
purchase property availing the home loan these
days. This is yet another reason why making the
will becomes mandatory. Apart from the
liabilities the responsibilities also shift the
legal heir in the case of the demise. A will
could definitely be an instrument to evaluate the
liabilities and assets as well as divide it
equally among the legal heirs.
2
For love of the dear ones
Accumulation of wealth is at times done in a
silent manner over the years. At times, the loved
ones may not even be aware of all the assets
lying here and there. You have invested in the
mutual funds, you are paying the premium for
several life insurance policies, you have got
some fixed deposits running. The will here could
act as the dairy where all the investments are
listed. When you are gone, the near and dear ones
wont have to scour through thick paper piles to
find out the details of the financial status. You
dont want them to keep wondering. What are you
worth? Many times, we arent well aware of the
own assets. It isnt just your house as well as
jewelry that legal heir will come claiming if you
instate- dying without the will. Each personal
belongings will have to be divided. Any situation
might actually arise where the argument may make
sure between the daughter and son over an article
of the piece or the furniture of expensive
painting. The will not only give the option to
bestow the belongings to whosoever one want to,
also, it provides the opportunity to assess ones
own wealth in the completely new light. You might
be richer than the thought.
What Freedom Does a Self-Acquired Property
Offers
Leave a Reply Your email address will not be
published. Required fields are marked Comment
Subscribe to our newsletter Want to be notified
when our article is published? Enter your email
address and name below to be the first to know.
Send
3
Facebook
L_a
n Like Page
WHAT FREEDOM DOES A SELF ACQUIRED PROPERTY OFFERS
Favista Real Estate Pvt Ltd on Friday
What Freedom Does a SelfAcquired Property
Offers Click here for the details...
https//goo.gl/AfC1wG 1 P Comment A Share
I HEARD YOU WERE SEARCHING FORA HOME
Twitter Timeline Tweets by _at_FavistaFtealty
Recent Blogs Why Should a Property Will be
Created? February 27, 2018 What Freedom Does a
Self-Acquired Property Offers February 23,
2018 What are the Documents Required for Property
Registration? February 21,2018 Easy Steps for a
Clutter-free Home February 19, 2018 Union Budget
2018-19 Affordable housing gets a big push
February 17, 2018
Favista is a Real Estate Advisory Firm based in
Gurgaon, India. Favista believes in making every
property transaction experience simple and
successful. The aim is to bring transparency,
professionalism and simplicity to the complex
world of real estate. Favista takes pride in
keeping the needs and concerns of the customers
in highest regards. Favista Real Estate has been
founded by IIT IIM/INSEAD alumni with
experience in strategy consulting, internet
marketing, venture capital having been part of
companies such as McKinsey, Capital One,
PartyGaming and SSG Capital. Favista is a full
service brokerage helping buyers/investors buy,
sell, rent or lease property in India. Favista
offers best realty advice for Apartments and
Flats for sale in India, land/plots for sale, New
Residential Commercial Projects in India and
also assists selling properties at best rates.
Favista.com is the only Property Site in India
that lists 100 verified properties. Favista
currently operates in Gurgaon, Delhi-NCR, Noida,
Mumbai and Bangalore.Those intending to sell
property in India will also find this website
very useful owing to the extensive reach, high
brand recall and trustworthiness in the real
estate space. In order to make our customers
happy and for us to reach our goals, we follow
the key tenets of transparency and consistently
maintain integrity in everything that we do. With
this professional attitude, we are set to become
your preferred choice for all real estate
services in India.
ABOUT About Us Our Team Career Contact Us
Terms
4
Privacy Policy Disclaimer Site Map QUICK
LINKS Post Property FREE EMI Calculator
Blogs Compare Projects Download Mobile APP Sale
Property Rent Property CONTACT FAVISTA Toll Free
- 1800 2121 000 (ALL INDIA) Gu rgaon -
91-124-3378700 Noida - 91-120-4117463 Mumbai -
91-22-40142051 Email Sales - sales_at_favista.com
Email Enquiry - info_at_favista.com
Q Unit 235 to 240 2nd Floor, Vipul Trade
Center,Sohna Road Sector 48, Gurgaon, Haryana
122002.
ra e s s
1 Square meter 10.764 Square feet
Have More Questions? Do not hesitate to contact
us! Read our FAQ's or Leave a feedback for us to
contact you shortly.
2015 Favista Real Estate Pvt. Ltd., All Rights
Reserved.