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vishnu (s/w)     27 December 2012

Minor

Hi all,

Can you please let me know, what is the best process to safe guard the property of parents for their children? if anything happens to both the parents.

1) Can a guardian sell the minor property without court permission .If he sells what will happen to the property .

2) Is it true that minor has to claim for his property, sold my guardian without court permission within 3 years of attaining major? 

I appreciate your response.



 



Learning

 1 Replies

Pied Piper (Business)     31 December 2012

I feel it is better for the parents to make a Joint or Separate Wills with Executor being one of their trusted relatives or friends & inform about the existence of this Will to thier children if they are old enough to understand.


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