विशेषज्ञ की सलाह चाहिए?हमारे गुरु मदद कर सकते हैं

Samraat

Samraat Jadhav

Stock Market Expert 

2590 Answers | 191 Followers

Samraat Jadhav is the founder of Prosperity Wealth Adviser.
He is a SEBI-registered investment and research analyst and has over 18 years of experience in managing high-end portfolios.
A management graduate from XLRI-Jamshedpur, Jadhav specialises in portfolio management, investment banking, financial planning, derivatives, equities and capital markets.... more

Answered on Jul 07, 2026

Answered on Jul 02, 2026

Money
My parents intend to prepare a legally valid Will to ensure that their assets are distributed to the intended beneficiaries according to their wishes. They would like to understand the appropriate legal procedure for drafting and executing a Will, including the documentation required, registration process (if applicable), witness requirements, and any other legal formalities necessary to ensure that the Will is valid and enforceable.
Ans: To draft and execute a valid Will in India, the testator must be of sound mind, clearly state asset distribution, sign in the presence of two independent witnesses, and optionally register the Will with the Sub-Registrar for added authenticity. Probate may be required in certain cases after death to establish validity.
1) Ensure testamentary capacity
The testator must be of sound mind, and free from coercion or undue influence.
2) Draft the Will document
Clearly state personal details, list assets, name beneficiaries, and appoint an executor to carry out the instructions.
3) Sign the Will
The testator must sign or affix a thumb impression at the end of the document to confirm authenticity.
4) Obtain witness signatures
At least two independent witnesses must sign the Will in the presence of the testator; they should not be beneficiaries.
5) Register the Will (optional)
Though not mandatory, registering with the Sub-Registrar adds authenticity and reduces disputes.
6) Store the Will safely
Keep the Will in secure custody with a lawyer, banker, or trusted person to ensure it is accessible after death.
7) Execute probate if required
After death, the executor may need to apply for probate in court to validate the Will, especially in contested cases.

Key Documentation Required
Identity proof of the testator (Aadhaar, PAN, etc.).
Details of assets (property papers, bank accounts, investments).
Names and details of beneficiaries.
Executor’s details (trusted person to administer the estate).
Witness identity proofs for registration.

Witness Requirements
Minimum two witnesses.
Must be adults of sound mind.
Should not be beneficiaries to avoid conflict of interest.

Registration Process (Optional but Recommended)
Present the Will at the local Sub-Registrar’s office.
Pay a nominal registration fee.
Testator and witnesses must appear for signing.

Registered Will is stored securely by the Registrar.

Additional Legal Formalities
Probate: Required in some states (like West Bengal, Chennai, Mumbai) for Wills involving immovable property.
Executor’s role: Executor ensures debts are paid and assets distributed as per the Will.
Codicil: Any changes to the Will must be made through a codicil, signed and witnessed like the original Will.
Asked on - Jul 03, 2026 | Answered on Jul 03, 2026
Thanks for your detailed explanation.
Ans: thanks for the feedback
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Answered on Mar 06, 2026

Answered on Mar 05, 2026

Answered on Feb 19, 2026

Money
मुझे ₹80 प्रति शेयर की दर से 29483 शेयरों का आईपीओ आवंटित किया गया, जिसकी कुल राशि ₹2358640 थी। मैंने ₹1389120 का भुगतान कर दिया है, शेष राशि ₹969520 है। क्या मैं सदस्यता बंद होने से पहले धनराशि जुटाने में सक्षम हूं? क्या मेरा निवेश वापस कर दिया जाएगा?
Ans: राजन, सावधान रहें, यह एक संभावित घोटाला हो सकता है। सदस्यता के लिए धनराशि को आंशिक रूप से अवरुद्ध करने जैसी कोई अवधारणा नहीं है। आप जितनी भी धनराशि के लिए आवेदन करते हैं, ASBA के तहत पूरी धनराशि अवरुद्ध कर दी जाती है और आवंटन की जानकारी IPO के समापन के बाद और उसके बीच में ही मिलती है। RTA से आवंटन की पुष्टि मिलते ही, राशि सीधे आपके खाते से डेबिट कर दी जाती है।
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Answered on Jan 21, 2026

Asked by Anonymous - Jan 19, 2026English
Money
मैंने अक्टूबर 2022 से अक्टूबर 2023 की अवधि में 18 लाख रुपये अपनी जेब से और 6 लाख रुपये एमटीएफ से उधार लेकर निवेश किए थे। अब 24 लाख रुपये घटकर 14 लाख रुपये रह गए हैं, यानी 10 लाख रुपये का नुकसान हुआ है। मैंने Alklyamine 98 @ 3300, relaxo 135 @ 1083, PVRINOX 87 @ 1865, tatainvest 250 @ 1120, vstindustries 484 @ 429, suntv 160 @ 836, concor 250 @ 860, clean 19 @ 2060, bajajauto 14 @ 11935, AWL 357 @ 432, ATGL 20 @ 1030 और ADANIGREEN के शेयर खरीदे थे। 20@1975, ADANIENT39@3390, ADANENSOL50@1324, ACC52@2600, COCHINSHIP10@2650, DATAPATTERN 10@3186, GRSE19@2975, MAZDOCK10@3500, HONDAPOWER 10@4000, TATAELXSI17@7320, VBL30@660, BHARATFORG20@1740. तीन साल पहले जब पीएफ की 13 लाख रुपये की राशि निकाली गई थी, तब पत्नी के सुझाव को नज़रअंदाज़ करके बेटी के लिए गहने खरीदने का दोषी पाया गया था। अब यह राशि भी खो गई है और गहनों की कीमत भी उस समय से ढाई गुना अधिक है। गलत निर्णय। कृपया सुधार और सुझाव दें। उम्र 51
Ans: मेरा सुझाव है कि आप अपने आस-पास के किसी SEBI पंजीकृत निवेश सलाहकार से संपर्क करें और अपनी वित्तीय स्थिति के बारे में विस्तार से चर्चा करें। वे आपकी सभी आवश्यकताओं का विश्लेषण करने के बाद आपको सही मार्गदर्शन दे सकेंगे। आप SEBI के इस लिंक से अपने निकटतम सलाहकार का पता लगा सकते हैं - https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=13
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