Will Becomes VOID? | What Happens if the Beneficiary Dies Before the Will-Maker (146)
Автор: Vidhan ka Gyan
Загружено: 2021-06-29
Просмотров: 18786
📜 Ever wondered what happens to a will if the person set to inherit the property passes away before the person who made the will? This common yet critical legal situation can lead to confusion and disputes among family members. In this detailed video, Advocate Naresh Kudal explains the legal consequences when a beneficiary predeceases the testator. We dive deep into the concept of a 'lapsed will' or 'lapsed legacy' as per Section 105 of the Indian Succession Act, 1925. Understand the nuances of property inheritance and how the testator's intention plays a vital role in determining the final outcome. This is a must-watch for anyone involved in estate planning or dealing with a will.
💡 In this video, you will understand:
What is a 'lapsed will' and when does a will become ineffective?
The legal status of a will if the beneficiary dies before the testator.
Provisions of Section 105 of the Indian Succession Act, 1925, with clear examples.
The crucial difference between a simple will and a conditional will in this context.
What happens if the testator and beneficiary die simultaneously in an accident?
How to ensure your property is inherited by the right person as per your wishes.
⏰ Video Timestamps:
00:00 - Introduction to the Topic
00:24 - The Core Problem: Death of a beneficiary before the testator.
01:27 - Key Legal Terms: Who is a Testator and a Beneficiary?
01:39 - Scenario 1: The Effect on a Simple Will (Lapsed Legacy)
02:07 - Scenario 2: How Conditional Wills Work
02:45 - Deep Dive into the Law: Section 105 of the Indian Succession Act, 1925
04:18 - Special Case: What if the Testator and Beneficiary die together?
07:44 - Busting Common Myths about Wills & Property Possession
08:18 - Conclusion & Final Advice
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#Will #IndianSuccessionAct #PropertyLaw #Inheritance #LegalAdvice #VidhanKaGyan #LapsedWill #Testator #Beneficiary #EstatePlanning #IndianLaw #Advocate
🎬 Watch Our Other Informative Videos:
How to Make a Legally Valid Will in India | Complete Guide: [Video Link]
How to Challenge a Forged or Fake Will in Court: [Video Link]
Gift Deed vs. Will: Which is Better for Property Transfer?: [Video Link]
Rights of Legal Heirs in Ancestral Property: [Video Link]
⚠️ Disclaimer:
The information provided in this video is for educational and informational purposes only. It does not constitute legal advice. Viewers should consult with a qualified legal professional for advice regarding their individual situations. The channel is not responsible for any actions taken based on the content of this video.
Thanks for watching,
Team Vidhan ka Gyan,
Advocate Naresh Kudal
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