Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
Under the Hindu Succession Act in India, can I release my share of acesteral property to a cousin or ...?
a Nephew or Niece or donate it to a Socail Service Institution? What are the Court Fees/Stamp Duties percentage amounts required to be paid in each case?
If my father has 3 heirs to his property after his death and I am one of them. I have a wife and two sons - my share in my father's property is 33.3% or is it 8.3% which I can relinquish?
3 Answers
- 8 years agoFavorite Answer
The share in the Ancestral property can be relinquished in favour of any other member of the Hindu family by making a Relinquishment Deed that can be registered and handed over to the person in whose favour you are releasing your share in the property, however this will be only be with regard to your share in the Ancestral property no one else related to you like your son or daughter etc. as their share in the property remains intact.
The value of the Stamp Duty if any depends from State to State in India contact the Sub-Registrar Office of your District for more details.
Source(s): I am a Lawyer. - InfinityLv 78 years ago
This I think , you can do only if you do not have any legal heirs in your family .Get a copy of the bare Act of the Hindu Succession Act and verify.You may also download it from the web site . May be your cousin will be eligible to claim it if you die without any legal heir /claimant in your family and you die intestate
- Gautam MLv 78 years ago
Make your Will accordingly specifying why you are depriving your rightful heirs.
