Release deed favouring my brothers relinquishing my rights
Release deed favouring my brothers relinquishing my rights
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A document by which a person (called the trestator) appoints executors to administer his estate after his death, and directs the manner in which it is to be distributed to the beneficiaries he specifies. The process by which a testator’s Will is made legally valid is known as Execution of Will.
A Will is a legal document, signed in compliance with the various formalities covered by the legislation. It is the expression of the testator’s wishes concerning how his/her property is to be distributed. It is the only way one can ensure his/her assets will be distributed according to his/her wishes after his/her death. It should be in written, however it may be either handwritten, or printed, or typed. The testator must sign at the end of the Will. It must be witnessed by at least two perons present at the time of signing by the testator.
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The said two persons ,who witnessed, must acknowledge they were present and must sign the Will as witnesses in website presence of the testator. Making of a Will is the only remedy to be sure that asest of testator go to the persons he/she loves. As per the Indian Succession Act, an inheritor mentioned in the Will or his or her wife or husband cannot be a witness to the Will.
However, a Will witnessed by an inheritor mentioned in the Will would continue to be valid, expect the property would not pass on to the inheritor witnessing the Will
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