I have a 2 bedroom flat in Mumbai. My son, his wife and 2 grandsons ( minor-7 years and 5 years) are british citizen. I am making a will and spent few hours on your website. wealth of information..
My understanding so far-
1- If I distribute my asset - 25 % to each of them, then on my demise each of them will have 25 % share in the property;
But if my son wants to sell the property then he has to either wait till my grandchild are 18years old or have to take permisiion from district judge.
2- the other option is - to make a will in my son and his wife name (50% share each) ; on my demise, the property gets transferred to them and then they can make a will in their children name ( ie my grandsons name).
Advantage- they can sell the property without involving the court, if they have to
Disadvantage - they need to a make will in UK which may not be valid in India.
So, I am a bit confused; any guidance will be helpful. The more you read,the more you get confused. sometimes ignorance is bliss
hanks in anticipation