My father owns a house and a plot of land. He wants to leave the house to my elder brother and the land to me after he passes away, as we both agree their market value is equal. However, he also has bank deposits, provident fund money, and my mother’s jewelry. Initially, he asked me to write a letter stating I have no claim to the house, which I agreed to. But now, he has drafted a letter for me to sign that not only gives the house to my brother but also all the money.
Best Answer
This scenario raises significant concerns under Indian law. While your father can distribute his assets as he wishes, signing a letter relinquishing your claim to the house, money, and jewelry may be considered a gift or transfer without consideration, which may be challenged by you later. It is advisable to consult a lawyer to understand your rights and ensure a fair distribution of your father’s assets.
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