When must I make a will?
– To give any particular asset to a particular person.
– To give assets to a relative who will not be my heir.
– To give assets to charity.
… and for many more reasons.
If a person does not make a will, all heirs indicated in the law that applies to him will inherit all his assets, simultaneously, immediately on his death, in undivided shares and as tenants-in-common.
It is important to know these features. That will help to decide whether to make a will or not.
If a Hindu woman dies without a will, who will inherit her property and how much depends on (i) whether she has children or not, (ii) whether she is married or not, and (iii) the source of her ownership of inherited property. If she has self-earned properties, and properties inherited from her father, mother, father-in-law or husband, different persons will have different shares in different properties.
While property of a woman of another faith goes after her death to her own (and not her husband’s) relatives, the property of a married Hindu woman who does not have children goes after her death to her husband or to his relatives.