Legal Question in Wills and Trusts in India
My niece' husband an NRI has been regularly making remittance to his father. The fund was invested and managed by his father in real estate, stocks etc. All of a sudden the boy died last month and my niece has no idea as to what his investments are. The father is not willing to come forward and support the young girl with two kids. What is the way out to get the details of his investment and legal course of action possible.
Regards
Krishnan
2 Answers from Attorneys
she can claim the partition of the fatherinlaws property. let him come forth and explain how he acquired the assets from where the money came from.
14.04.2014
Dear Sir / Madam,
Today is Babasaheb Ambedkar Jayanti !!
Your niece has to use tact to be living with her in-laws with her two kids and gradually get all the information of her husband's investments. It could not be possible that her father-in-law may have made investments in his personal name. All the investments ought to have been made in the name of his deceased son. Legal action is neither advisable nor recommended.
Regards,