I’m from Chennai and my brother-in-law passed away two weeks ago. We’re currently working on getting the legal heir certificate. My brother-in-law and his wife owned a flat together, and he had an LIC policy and a life insurance benefit from his company. His parents have kindly said they don’t want any share of these assets. Should I obtain separate NOCs for the flat, LIC policy, and insurance amount?
Best Answer
While your brother-in-law’s parents’ statement is kind, it’s not legally binding. To ensure smooth transfer of assets, obtaining separate NOCs from them for the flat, LIC policy, and insurance amount is advisable. This will provide legal clarity and prevent any potential disputes in the future.
Please login or Register to submit your answer