Let me tell you about can an NRI make a will in India? Yes, a Non-Resident Indian (NRI) can make a will in India for assets located within the country. Indian law allows NRIs to draft wills for movable and immovable properties, ensuring that their assets are distributed according to their wishes.
Can NRI Make a Will in India?
An NRI’s will must comply with the Indian Succession Act, 1925. It should be signed and attested by at least two witnesses, preferably in India.
The will can cover Indian properties, bank accounts, shares, and other assets. For foreign assets, a separate will in the respective country is advisable. Although not mandatory, registering the will at the local Sub-Registrar Office in India enhances authenticity and reduces legal disputes.
Upon the NRI’s demise, the executor named in the will initiates probate proceedings if required. Inheritance tax is not applicable in India, but taxation laws in the NRI’s resident country may impact beneficiaries. An NRI can modify or revoke the will at any time before their death.
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Can an NRI Make a Will in India?
ravi
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8 months
2025-03-24T18:03:13+00:00 2025-04-01T11:07:05+00:00Comment
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