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Avoid future disputes—make your will work for your family
Mint Mumbai
|July 02, 2025
After marriage and property purchase, I want to avoid future legal hassles. What common mistakes about registration and probate should I watch out for?
—Name withheld on request
From your query, we understand that you have purchased the property jointly with your wife. It is very heartening to see that you are thinking about your family's well-being. This reflects a commendable sense of responsibility and foresight. We assume that you are trying to cover the family, including your wife and future children.
There are a few aspects that require detailing while drafting a will. You must ensure you cover all assets in detail. Example: for a bank locker, mention bank's name where the locker is held, locker number and the holding pattern (single/joint). Also list all movable assets like investments, PPF, insurance, in a detailed manner.
This story is from the July 02, 2025 edition of Mint Mumbai.
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