Any person who have self acquired property may execute a Will in favour of a minor child. The will come into force only after the death of the testator. And the minor property cannot be transferred till that minor gets majority.
Yes, WILL is legally valid but there will be additional charge in property up to amount of loan, till loan get cleared.
Deepak Joshi & Associates
Your are not logged in . Please login to post replies
Click here to Login / Register
view more »
Our Network Sites
Join LAWyersclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.