Inheriting Property in India | Will vs Gift vs Trust | Succession Planning Explained

Описание: Real estate mentor, Balaji Rao, unpacks the essentials of real estate succession planning — from wills and gift deeds to nominee rights and probate.
Make informed choices. Avoid future disputes. 👇

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How should you pass on your property — through a will, a gift deed, or a trust?
In this episode of PropSutra, real estate expert Balaji Rao breaks down the complex process of succession planning in India, helping you understand how to transfer real estate in a legally sound, conflict-free manner.

Whether you're preparing your own estate or inheriting family property, this episode covers the legal, practical, and emotional nuances involved in making the right decisions.
🔍 What you’ll learn:
✔ Key differences between wills, gift deeds, and family trusts
✔ Rules around ancestral vs self-acquired property
✔ How nominees, executors, and probate actually work
✔ Steps to safeguard your spouse and rightful heirs
✔ How gifting can help—or hurt—your long-term plans
✔ Reverse mortgages explained simply
✔ Legal tips to avoid inheritance disputes

📌 With real-world examples and simple explanations, this is your definitive guide to real estate succession in India.

✅ Don’t forget to like, share & subscribe for the latest updates on India’s real estate market.
💬 Got thoughts or questions? Drop them in the comments below!
🔔 Hit the bell icon to stay notified with new episodes every week.

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Timestamps:
0:00 – Disclaimer
0:05 – Highlight
0:33 – Introduction
0:50 – How can real estate be inherited?
1:35 – With a will vs without a will (intestate)
3:08 – What happens when someone leaves a will behind?
3:26 – Ancestral vs Self-acquired property
6:24 – Role of an executor
6:57 – What is ancestral property?
7:50 – Choosing an executor for your will
8:51 – Probate: When it's needed & why
10:32 – Should you register your will?
11:27 – Succession planning without court involvement
12:42 – What is a trust & how does it work?
13:09 – Gifting real estate: Benefits & risks
14:53 – How to protect yourself when gifting property
15:39 – Ensuring your spouse is protected
17:02 – Understanding nominee rights in housing societies
19:06 – Reverse mortgage explained
19:54 – Final thoughts on succession planning



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