Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Nidhi (Manager)     28 October 2009

Inherited VS Self-accquired

Does the Property accquired through "Registered will" by a child through her deceased mother is called as "Inherited property" or "Self-accquired" property for a child ?



Learning

 3 Replies

Suchitra. S (Advocate)     28 October 2009

It is self acquired property of the child.

Khaleel Ahmed (Legal Advisor)     28 October 2009

Dear Suchitra,

It is inherited property for the child.

Ms. Suchitra please clarify how it is self acquire property?

Suchitra. S (Advocate)     28 October 2009

Sir, I left some points to be clarified in my reply. Thanks for correcting me. I wanted to say, if one gets property from his mother which she has got from her parents, then it becomes self earned property of the child. If the property is through her husbands porperty, then it is ancestral. Am I right?


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register