Do I need separate Wills for property in different states?

Name withheld on request

As per your question, we assume that your father is a Hindu and his property is self-acquired/self-made. Moreover, these qualities are not heritable in nature. Furthermore, we believe that no other person has any right or interest in the property and it belongs only to him.

As per the laws of India, you can make a Will to dispose of your properties located in different states. However, the will must comply with the laws of each state where your property is located.

To make a Will for your various assets, you can follow these steps:

List your property: Make a detailed list of all your assets and their respective locations, including properties, shares, bank accounts, jewelry, etc. Remember to mention about the details of loans running against the property (if applicable).

Beneficiaries: Decide who you want to inherit your property and in what proportion. You can also name alternate beneficiaries in case the primary beneficiaries die of you.

Appoint an executor: An executor is responsible for carrying out your wishes as stated in your will. You can appoint a trusted family member, friend or professional executor to make sure your wishes are carried out.

Desire: You can draft the will yourself or take the help of a lawyer. The Will must be signed by you in the presence of two witnesses. The witnesses must also sign the will, certifying that you signed it in their presence. You must remember the date of execution of the Will.

Security: Once the Will is executed, keep it in a safe place and inform your family members and the executor where it is kept.

Remember to update your will from time to time to reflect changes in your assets, beneficiaries, or other circumstances.

Neha Pathak is Head of Trust & Estate Planning, Motilal Oswal Private Wealth