What is Succession Certificate?
A succession certificate is a legal document that issued by a court of law or by a government administration officer. A succession certificate allows the legal heirs to establish the rightful inheritors of a deceased person’s assets.
It helps in transferring the property or assets to the legal heirs. It does not require to probate. When your name is mentioned in the succession certificate then ownership transfers smoothly without any disputes on a deceased person’s assets.
What exactly is a Certificate of Succession ?
With our experts at My Will Creator, we assist our customers in obtaining succession certificates efficiently and provides complete hand holding during the process of obtaining the succession certificate.
Our team of experts understands the complexities of succession laws and works diligently to streamline the entire process for our clients. My Will Creator handles your certificate of succession needs with professionalism and expertise of more than 25+ years.
Why is a Succession Certificate Important?
A succession certificate’s main significance comes from its ability to keep heirs and other parties out of court. It is imperative to obtain a succession certificate for the following main reasons:
- Legal Recognition: It acknowledges the heirs’ right to receive the deceased’s movable property under the law.
- Authorization: It removes any legal obstacles for the heirs to transfer or administer the assets.
- Protection: It guarantees the lawful transfer of assets and shields the heirs from third-party claims.
- Financial Security: By granting heirs access to and management of the deceased’s assets and securities, it offers financial security.
How to Obtain a Succession Certificate?
Obtaining a certificate of succession is a multi-step process. Here is a detailed guide to help you navigate the process:
- Application: To obtain a succession certificate, legal heirs must submit an application to the relevant court, usually the district court where the deceased person was living.
- Specifics of the deceased person: Information about the deceased, including name, date of death, residence, and property details, must be included in the application.
- Affidavit and bond: The applicant may be required to provide an affidavit and a surety bond to guarantee that they will pay any debts or liabilities related to the deceased’s estate.
- Notice to heirs: All heirs receive a notice from the court giving them an opportunity to object to the application, if they have any objections.
- Court hearing: During the court hearing, the judge considers the application as well as any challenges made by additional heirs.
- Issuance of certificate: If the applicant finds the application satisfactory and has no objections, he can obtain a succession certificate from the court.
An essential legal document that guarantees the proper transfer and administration of the deceased person's movable property is the succession certificate. Understanding the importance of a succession certificate and taking the necessary actions to obtain it will help guarantee a more seamless and legally sound estate management process for you and your loved one. To handle the difficulties of succession and estate administration, consider seeking legal advice if you have any questions or need assistance. Here at My Will Creator, we are committed to providing you with professional advice and support at every step of the process.
It is mandatory to provide nominee details for opening a bank account because of thousands of crores unclaimed money lying in bank accounts due to non provide of nominee details.
Prices depends on case to case.
We provide complete hand-holding and satisfaction during the will-making process from the comfort of your home.
Required for property transfer.
Defines legal heir.
Requires if will is not made.
Property distribution as per succession laws.
Applicable at all types of institutions
Dedicate Advocate for the entire process
We will register your will all over India.
Our Latest News
What is a Gift Deed? Exploring the Advantages for Donors and Donees
What is a Gift Deed format? A gift deed is...
What is a Deed of Gift? Explained: Registration, Stamp Duty, and Documents Required For Deed of Gift.
What is a Deed of gift? Explained: Registration, Stamp Duty,...
What is a Will? Have you ever wondered what happens to your property after you’re gone? Let’s delve into the world of will-making.
What is a Will? A will is a legal document...