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Sanjeev

Sanjeev Govila  |458 Answers  |Ask -

Financial Planner - Answered on Sep 23, 2023

Colonel Sanjeev Govila (retd) is the founder of Hum Fauji Initiatives, a financial planning company dedicated to the armed forces personnel and their families.
He has over 12 years of experience in financial planning and is a SEBI certified registered investment advisor; he is also accredited with AMFI and IRDA.... more
Asked by Anonymous - Sep 20, 2023Hindi
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I'm 36 year old. My father got the amount of share from his father property. He brought the old house with portion of the money and brought some Gold to my Sister. Later due to leakage problem I have planned demolish the house and planed for construction of new house in that portion. My father not done any savings. For the construction I have invested my money. Now my sister asking for the money. Whether I need to pay share in this? Since both parents are still with me.

Ans: As per the Hindu Succession Act 1956, all the children of Hindu male fall into class 1 heirs and all are equally eligible to get the claim or benefit in father’s property. In your case, property has been registered in your father’s name and as per the Hindu Succession Act, your sister is equally eligible to claim her portion. At the time of claim, you can showcase your expenses which you have incurred on the property with valid proofs.

If your father had made a will and declared you as a beneficiary to the same property, in that case, your sister would not have been eligible to get the share from the property.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
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