If I am a woman, what is my property?
It makes no difference that I am a woman, and whether I am married or unmarried, divorced, separated or widowed.
My property
My property includes assets, wealth that I
- Created: a book I wrote, a building I got constructed on my plot, a painting I painted, an invention I made.
- Purchased: a plot or house or flat I purchased, or any electronic equipment, machines in the home, jewellery, silverware, exclusive sarees or clothing
- Inherited: whether under a will or by succession, from my father or mother, from my husband or in-laws, from my children, or anyone
- Received as gift or prize: whether before or after my marriage, from my relatives, or husband, or his relatives, or from any person, including my streedhan.
- Allotted to me: under any scheme
- Claim as mine, like ownership of land which I claim under a will, but has been disputed by others.
Share in assets
My property includes the share I have in properties, for example, which
- I inherited along with others,
- I acquired along with others, to which I contributed,
- I got as a coparcener in Mitakshara coparcenery (HUF) property of my father, if he was alive on 9 September 2005. The Hindu Succession (Amendment) Act of 2005 gave me this share in HUF property equal to that of my brothers.
(See also “Share in joint properties” and “Share in HUF Properties” for discussion)
My powers
I am the absolute owner of all my properties, and I can transfer them during my lifetime, and make a will giving them to anyone of my choice. In law, I do not need the consent of any person for doing so.
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– Nilima Bhadbhade
https://in.linkedin.com/in/nilima-bhadbhade
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