Documents Required for Will Registration in Indore
Documents Required for Will Registration in Indore
Securing the future of your assets and ensuring a smooth transfer of property after your demise is a crucial aspect of estate planning. In Indore, as in the rest of India, the registration of a will is a legal process that involves the submission of specific documents. Here’s a comprehensive guide on the documents required for will registration in Indore. Registering a will in Indore is a crucial step to ensure your wishes for your assets are respected after your passing. Here’s a detailed breakdown of the documents you’ll need:
Essential Documents:
- Original Will: The physical copy of your signed will is the core document. Ensure it’s complete, including your signature, date of execution, and names of two witnesses.
- Witness Documents: Each witness must provide:
- Proof of Identity: Aadhaar card, Voter ID, PAN card, Driving License, or Ration card.
- Proof of Address: Aadhaar card, Voter ID, Driving License, Ration card, or Utility bill.
- Two passport-size photographs: Signed on the back with their name and address.
Additional Documents (Depending on Assets):
- Property details: If your will includes immovable property like land or buildings, provide:
- Survey number, plot number, location details, and size of the property.
- Property cards or title deeds.
- Financial assets: For stocks, bonds, mutual funds, etc.:
- Demat account statements or share certificates.
- Bank account statements if you wish to bequeath specific accounts.
- Vehicles: Registration certificates for cars, bikes, etc.
- Insurance policies: Life insurance policies or other relevant policies you wish to include.
Fees and Stamps:
- Stamp duty: Payable based on the value of the bequeathed property. You can calculate the exact amount online or inquire at the Sub-Registrar’s office.
- Registration fee: A nominal fee for registering the will.
- User charges: Additional charges may apply depending on the online or offline registration process.
Additional Tips:
- Consider a medical certificate from a doctor verifying your mental state when signing the will.
- Consult a lawyer for drafting the will if your assets are complex or you have specific requirements.
- Choose witnesses well – they should be reliable and willing to testify to your sound mind at the time of signing.
- Register your will within four months of execution to avoid penalties.
Resources:
- Department of Registration and Stamps, Indore
- Madhya Pradesh Property Registration
- Online Will Making and Will Registration in Indore
Remember: This information is for informational purposes only and shouldn’t be considered legal advice. Consult a qualified lawyer for professional guidance specific to your situation.
Adcocate J.S. Rohilla (Civil & Criminal Lawyer in Indore)
Contact: 88271 22304
