August 20, 2017

WILL-Online Drafting

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old post


May 05, 2016

Nominee May Not Get Your money on Death- Must Make Will

Must Make Will - Nominee Only Trustee in Most Cases

Nominee ( except in case of shares and most probably , now , in Insurance policies ( please recheck ) - is only a Trustee. Real owner is as per the Will.


While writing Will , please include  these important points.

1 ) Where ever , I have made Nominations , the Nominee / s would be the sole beneficiary of that asset.

2 ) In case , any one of the legatees pre deceases( Testator ) in that case that share would not lapse but would , instead , devolve on the Legal heirs of that Legatee.

3 ) In case any asset , movable or immovable , is not mentioned here or is acquired afterwards would devolve    on --------

Try to appoint one or more Executors ( whose duty is to implement the Will. Beneficiaries can be Executors.


How Hindu Succession Law Applies When a Person Dies Without Will?

Also , please try to get Will registered ( though not mandatory ).

In our one case , the Trial Court granted Probate on a Photostat copy of an Unregistered Will.

We went in to appeal in the High Court where our Appeal was upheld


Blog Caution : Please Recheck All Information / Seek Expert Guidance

Bank Strike on Tuesday-22 th August 2017

August 03, 2017

Why do we use the word RETURNS for our Income tax details submitted ?

The answer lies in the situation prevailing in British India in 1860.
Before the Revolt of 1857 , East India Company officials were most corrupt. East India Company's Rule ended in 1858 , after the Great Revolt ( First War of Independence of 1857 )
In the Reforms introduced by the new British Crown administration,every British official RETURNING to England had to submit details of the property he had acquired during his stay in India ( Hence , the word RETURN )
Robert Clive , Warren Hastings had acquired millions by looting Indians ( Back in England , they were derisively called "NABOBS `
) "
East India Company was the first Organised Drug Traffickers Syndicate.
East India Company made Indian farmers grow opium which it then exported to China


In India when Physically Handicapped pay Income Tax why cannot all segments ?

July 29, 2017

Why was India 's Independence Preponed from 1948 to 1947

An enquiry should be instituted as to why the process of India's Independence and Partition ( Creation of Pakistan ) done in a TEARING HURRY .
Who were the Politicians crazy for grabbing Power at all costs ?
Why no Security ( like UNO Troops ) provided to millions of helpless Refugees / Migrants who were slaughtered on an unprecedented scale.
15 th August be observed as a Holocaust Day
Memorials be put up remembering all those who perished.
" Why, then, on his ( Mountbatten 's ) return from London a fortnight later, did he then suddenly declare that the Partition of India would take place with inexplicable haste on August 15, 1947, almost a year ahead of schedule?
Must read  the following post ( Copy Paste the Link , please )
15 th August ( 1947 ) - Indian Independence Date Chosen by Mountbatten- WHY ?
The date August 15 was also carefully chosen by the British. It was on this very day that Japan announced to surrender in 1945
Mountbatten was rattled / ever obsessed by the Imperial Japanese victories ( especially in Burma ) and Singapore . Mountbatten had with his name a pretentious colonial title of 1 st Earl of Burma.
Mountbatten wanted to insult memories of Azad Hind and Netaji Subhash Chander Bose who was in alliance with the Imperial Japanese .
They had liberated Burma and Singapore .
Nehru , always , towed Mountbatten 's line.
. Mountbatten blew up ,by putting explosives , the Azad Hind War Memorial in Singapore ( like ISIS blowing up Al Nuri Mosque in Mosul ).
Nehru made no attempt to rebuild Azad Hind War Memorial in Free India.
A Plebiscite on Partition of 1947 would lead to Unification / formation of a Confederation .
Then the Kashmir issue would , automatically , become redundant.
Partitions were a time tested tactic of the Imperialists to keep emerging powers weak. They did in Palestine, Korea, Germany and Vietnam .Germany and Vietnam have unified..
Bloodshed in 1947 happened because of the tearing hurry on the part of the departing Britishers.
The Britishers did not bring in any / UNO sponsored Peace Keeping Force and , hence, Britishers are responsible for the tragic loss of lives and terrible destruction of 1947.

Let us pay Homage to Lakhs of innocent Victims of Partition ( on both sides ) - People who were devastated for no fault of theirs