Me and my wife own an apartment in Chennai purchased on our own & not a inherited property.. We have wirtten an unregistered Will for the same in favour of our two children.
My queries are:
1. What is procedure for my children to own/change the apartment to their name after our time?
2. Will a Legal Heir certificate be required even if we give a declaration now that these children are the only Legal Heir of both of us?
3. Any legal method like Settlement deed in their favour with provision that the property would go to them after both of us pass away to avoid getting Legal Heir certificate as I find it is a big hassle (takes few months & money)?