Legal Question in Wills and Trusts in India
if the executor are two of a will under probate and each getting different part of immovable property
like one is getting commercail portion and the other is getting residential portion and the valuation of commercial unit is more than residential than how the stamp duty is paid by each ,is the executor pay their own portion or jointly
Asked on 5/16/12, 7:13 am
2 Answers from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
the duty is to be paid by the beneficiary of the will according to his share and not jointly.
Answered on 5/16/12, 10:46 am
ranganathan raghavachari
R.Ranganathan & Associates
Your query is confusing. Executor is different from beneficiary. Beneficiaries have to pay as per the property they inherit.
Answered on 5/16/12, 6:37 pm