Will and nominee
A friend of mine who is married and no kids, Roman Catholic, Sr. Citizen, staying in Karnataka state wants following guidance:
a) The house is in his wife’s and his name. Both of them have made two separate WILLS on an ordinary paper and KEPT in the bank locker in sealed covers. These WILLs are made in the name of their childhood friend and classmate. The friend is also an executor. This friend has helped them during their difficult times for the last 30 years without any expectorations. They feel that the friend deserves to get their moveable and immovable assets. These assets are self-acquired. They have made provision to extend monitory help to a couple of servants working for them in the house.
b) He does not want to give a penny to his two brothers and three sisters as they ignored him completely during his difficult times. Also, he has not taken or claimed any share from his parent ’s property. The Wife is in agreement with her husband.
c) These WILLS are not registered and made in plain papers and kept in the BANK LOCKER. Is it necessary to register the WILL to avoid any complications and/or trouble from his brothers and sisters?
d) The Only condition of the WILL is their organs and bodies are to be donated to the hospital and in the event hospital refuses, then they want their bodies to be cremated without any Religious Rights. They feel that the body without Soul loses its value and therefore religious rights are of no use.
e) Moveable assets viz. Saving Bank Accounts, FDs, Locker, and Gold have the same person as Nominee who is also entitled to get his immovable assets.
f) My wife and I are witnesses to these WILLS and my friend wants us to extend all help to his friend to carry out the above exercise and want us to ensure that his assets go to his friend to whom he has WILLED. The copes of the WILLS are kept with me and Originals in the LOCKER.
Need to know whether it is important to register the WILL.......
Can the WILL and Nominee stand on the same person?