My father passed away without a will 7 yrs back. He had a property which he had nominated in my name. Since my sister were not happy, had entered into a family settlement agreement of paying each x amount for 10 years towards his assets as well as my mothers assets (she is still alive). All have agreed and signed in stamp paper to the settlement including my mother as settlement while she is still alive.
I also have an affidavit to the effect from my sisters as accepting the family settlement.
I have been paying as per agreement since 7 years, just wanted to ensure that no issues arise either later on after completion of payment for 10 yrs or when my mother passes away.
Do I need to do anything else for avoiding any future disputes? Is registration required of the agreement ? any charges I would have to pay for registration (as % of settlement)
