Widow Mother in Law's property without will
My mother in law had a 50% share in her husband's house. After my Father in law's death, she took a NOC from her 3 children (1 son & 2 daughters) and transferred the balance 50% (husband's share) to her name. This happened through a lawyer and court orders. The children had no issue with that.
Later she sold her flat & has received the agreed amount from the buyer & has the money safe in the bank in various FDs & bank accounts.
What I see as the problems are:
- Her youngest son who is married left home with his wife due to personal reasons & differences, he is not traceable from the last many years.
- She hasn't prepared a will & not agreeing to have one
- She is unwell & also is worrying about her health & also money that she has
- As her son isn't traceable, she has added her 2 daughters as nominees in her bank account & FDs
My questions are:
- In absence of a will, what will happen to her money after her death?
- Can the daughters mutually agree to distribute the money among themselves
- If the 2 daughters decide to give all the money to the elder daughter, will it still have some legal procedure, considering the absence of the son? The elder daughter is the nominee for most of the FDs
Asked 5 years ago in Property Law
Religion: Hindu