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FAQ: What is the difference between a nomination and a will? - Property Hotline
Posted
June 15, 2016
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5:05Now PlayingBe Un Confused
Expert: Avikshit Moral, Partner, Juris Corp
Q: What is the difference between a nomination and a will? Secondly, in our society, there is an old couple. The husband made a nomination in the name of the wife. He passed away recently. Can the flat be transferred to his wife's name? There is no will and they had no children. Should we get a letter of administration and get it probated by the court? The original agreement is only in the husband's name.
Answer: To answer the first question, the nominee will only act as a trustee for and on behalf of the legal heirs of the Nominator. In the absence of a will, Letters of Administration will have to be obtained from the High Court and subsequently the flat will be transferred as per the respective laws of succession.
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