Is probate of will mandatory. Procedure for registering house property in the name of successor based on registered will with sub registerar’s office
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Is probate of will mandatory. Procedure for registering house property in the name of successor based on registered will with sub registerar’s office
Mrs Amita was sole owner of two story bulding in kolkata which she had
bequeathed in favour of her eldest son’s deceased wife 2nd floor
and in favour of younger son 1st floor. Younger son has been named as
executor. She also executed gift deed donating 2nd floor to eldest
son’so wife as mentioned in the will and registered the same in the
office of sub registerar. AMITA expired on May 2012.
Now, my question is how her younger son transfer his portion I.e.
1stfloor in his name..
Some one advised that younger son being executor needs to probate the
will and then he should go to sub registrars office under jurisdiction
to register the transfer.
This procedure seems to be costly as executor, younger son has to pay
court fee, legal fee for probate and also legal fee and stamp duty for
registering the transfer of 1st floor of property in his name.
It will of great help to get an expert opinion.
Is there any maximum limit for court fee in case of probate in kolkata.
Asked on June 17, 2016 under Estate Planning, Louisiana
Answers:
M.D., Member, California and New York Bar / FreeAdvice Contributing Attorney
Answered 7 years ago | Contributor
As a general rule, a Will does not have to go through probate unless you want to transfer ownership of assets owned by the testator (i.e. the maker of the Will) to their living beneficiaries. Additionlly, in many states there are legal options for doing this through simplified procedures for limited estates; there can be informal probate or transfer of assts via affidavit. Generally, probate is required for larger and complex estates. Here are limks to articles that will explain further:
https://law.freeadvice.com/estate_planning/probate/go_through_probate_will.htm
https://law.freeadvice.com/estate_planning/wills/file-will.htm
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