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Скачать или смотреть What is a Succession Certificate | When do you need it | Process and Efforts

  • WillJini Succession Services
  • 2023-09-29
  • 70600
What is a Succession Certificate | When do you need it | Process and Efforts
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Описание к видео What is a Succession Certificate | When do you need it | Process and Efforts

In this video, we cover What is a Succession Certificate, When is a Succession Certificate needed, Who can apply for a Succession Certificate and What is the Process for the same



A Succession Certificate / Letter of Administration is an official document issued by the Civil Court of Law, that allows legal heirs to take ownership of a deceased person's assets and liabilities. 


This certificate is required when dealing with the transfer of property or other assets such as bank accounts, investments, insurance policies, etc., after the death of the owner who did not leave behind any Will.


The process of obtaining a Succession certificate involves taking the help of a legal professional because it requires representation at the Civil court. 


The application has to be submitted in the court and the entire process usually takes anywhere between 6-12 months depending on the complexity of assets and co-operation of family members.


(Read more on Succession Certificate: https://www.willjini.com/services/cos...)


Process of Obtaining a Succession Certificate / Letter of Administration in India:


1. Advisory and appointment of lawyer: WillJini shall assit you end-to-end in advisory, process and correspondence


2. Assisting family visit in nearby Civil court: Immediate family members need to apply in the nearest civil court and we assist in the entire process


3. Takes 6-12 months on case to case basis: The entire process takes about 6-12 months depending upon location, complexity in assets and co-operation of all family members.


4. Submission to all institutions: Once the Succession Certificate / LoA is obtained, it needs to be submitted to all institutions for transmission of wealth


(Read more on Succession Certificate: https://www.willjini.com/services/cos...)


WillJini is India’s first and most trusted Succession Services company. Established in 2014, WillJini has served thousands of Indians and NRIs for various services including Will Writing, Family Trusts, Probate, Succession Certificate, Executorship and many more.


WillJini is a proudly partnered with HDFC Group, ICICI Group, Tata Group, Yes Group, IIFL, Tata, Muthoot, and many other top financial institutions of India for offering Succession Services to all Indians.


Our website: https://www.willjini.com/
Email: [email protected]
Contact: 8767404044 / 9321671899


#willwriting #successionplanning #financialplanning #financialfreedom #finance #willjini #lawyer #legal #legaladvice

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