Top Searches
Advertisement

Inheritance In India: A Step-by-Step Guide To Distributing Your Grandfather’s Assets


Updated: July 18, 2025 00:40

Image Source : Law For Everything

Losing a grandparent is emotionally difficult, and navigating asset distribution during this time can be legally complex. Whether your grandfather left a will or not, Indian families must follow a structured process to ensure fair and lawful division of property.

Essential Steps To Begin The Process

1. Locate The Will  
   - If a registered will exists, the named executor must apply for probate through the local court  
   - Probate legally validates the will and allows asset distribution as per the deceased’s wishes  

2. If There Is No Will  
   - The estate is considered intestate and governed by personal succession laws: Hindu Succession Act, Muslim Personal Law, or Indian Succession Act  
   - Class I heirs (children, spouse, mother) are prioritized in Hindu law  

3. Obtain A Legal Heir Certificate  
   - Required for claiming bank deposits, insurance, pension, and transferring property titles  
   - Can be obtained from the revenue department or district court  

4. Divide Movable And Immovable Assets  
   - Movable assets like cash, shares, and gold are easier to split  
   - Immovable assets require mutation of land records, new title deeds, and possibly a partition deed  

5. Settle Outstanding Dues  
   - Pay off loans, taxes, and utility bills before distribution  
   - Ensure income tax filings and liabilities are cleared to avoid future legal issues  

6. Maintain Transparency And Respect  
   - Keep detailed records, communicate openly with family, and seek legal advice when needed  
   - Honoring the legacy involves both legal compliance and emotional sensitivity  

Sources: Moneycontrol, Livemint, IndiaFilings, EzyLegal, Economic Times.
 

Advertisement

STORIES YOU MAY LIKE

Advertisement

Advertisement