Saturday, May 15, 2021
154,225FansLike
654,155FollowersFollow
0SubscribersSubscribe
Want create site? Find Free WordPress Themes and plugins.

Covid underlines importance of a Will

Want create site? Find Free WordPress Themes and plugins.

By Prateek Som

The Covid-19 pandemic has hit the world severely. The current outbreak is the biggest challenge the world has seen since World War II. We hope that in these tough times you and your loved ones are staying fit and healthy.

This virus has the potential to create devastating effects and leave scars in the pages of the world history. A lot of it can already be seen in our day-to-day lives – Employment issues, Recession, Migrant Labour crisis.

These days we’re even facing a shortage of medicines, hospital beds and even oxygen, which is the most important and basic thing to stay alive. With the alarming rise in Covid-19 cases across India, even the youth are considering their future prospects. Times like these force us to evaluate and introspect on what can be done to protect our loved ones.

It is with a deep heart and an unwilling state of mind that one wishes to talk, inquire and understand about the law of wills and its governance in India. Covid-19 has turned the world upside down.

As the famous saying goes, “Better late than never.” Perhaps, it is time for some of us to start thinking on these lines, for the security, safety and protection of our loved ones, which have paramount importance in these troubled and dark times.

What is a Will?

A will is a legal declaration of the intention of a testator (author) with respect to their property – movable and immovable which they desire to transfer to their loved ones (beneficiaries) after their death. Every person of sound mind, not being a minor is entitled to transfer/ dispose their property to the loved ones or any other persons specified (beneficiaries) by writing a will.

A will is liable to be revoked or altered at any time by the testator (author) at any time as long as they’re competent. It can be written at any time during the lifetime of a person but can be executed only after the death of the testator (author). It can be withdrawn or canceled at any time during the lifetime of the testator (author). It can be changed a number of times and there is no legal restriction on it. The registration of will is not compulsory. Some states have a mandate to register it under state-specified laws. However, it is strongly advisable to register one to avoid any conflict or future litigation.

Read Also: “Where is the oxygen, medicines, infrastructure?” Delhi HC to Delhi govt

Once a will is registered, there is no scope of destruction, alteration, or tampering with it. More importantly, there is no stamp duty payable on the registration and hence no overhead costs.

The writer is an advocate practicing in the Supreme Court.

Did you find apk for android? You can find new Free Android Games and apps.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

News Update

Peace Mediation – Legal Revolution 5.0

The fine distinction between Meditation and Mediation is the presence and absence of the letter 'T'. In meditation, the Self itself acts as the Third Party or the Teacher and guides Self to realise the true nature of Self. 'T' in mediation is the mediator.

Calcutta High Court directs authorities to inspect health, condition of mobile tower on senior citizen’s roof

The Calcutta High Court on May 12 , while disposing a Petition of a Senior Citizen , directed the Concerned Authorities to inspect the health and condition of the mobile tower installed on the roof of the building of the petitioner.

Allahabad High Court stays judicial officer’s FIR against Chief Medical Officer

The bench requested the Registrar General of the Court to remind the concerned judicial officer to abide by the guidelines of the High Court on Covid-19 pandemic in passing such orders in future.

Maratha quota: Centre moves Supreme Court for review of stripping states of power to declare SEBC

The Centre on Friday moved the Supreme Court seeking a review of the judgment of May 5 by the Constitution Bench which struck down Maratha reservation as envisaged by the Maharashtra Reservation for Socially and Educationally Backward Classes (SEBC) Act.
Did you find apk for android? You can find new Free Android Games and apps.