Once there is legal will, you do not require a succession certificate. Only an individual dying intestate, who does not have a will, then there is need to get a succession certificate from Court.
Your question: Still i required any legal documents from owner s legal heirs?
Answer: The banks can ONLY REQUEST FOR A SUCCESSION CERTIFICATE IF THERE IS NO WILL OR IF THE WILL IS INVALID. If certain banks are asking for Succession Certificate, then you have no other option that to get it. The succession certificate can be obtained by the wife through this procedure:
By filing a petition to the District Judge within whose jurisdiction the deceased person ordinarily resided at the time of his or her death or, if at that time he or she had no fixed place of residence, the District Judge within whose jurisdiction any part of the property of the deceased may be found.
A petition for succession certificate must contain the following particulars:
1. Time of death of the deceased;
2. Residence or details of properties of the deceased at the time of death within which Judge the jurisdiction falls under;
3. Details of family or other near relatives;
4. The rights of the petitioner;
5. Absence of any impediment to the grant of certificate.
Your question: Which documents need to ask please give in details and whether it required registration or notary please clarify.
Answer: This will not be required as the succession certificate is issued by Court so it has legal value more than notary etc.
Your question: Also notarized will is legal or not
Answer: Yes it is legal. MAKE SURE THAT THE WILL IS VALID. Pre-requisites of a valid will include:
The essential elements of a valid will are:
1. As a writer of the will, or testator, you must be at least 18 years of age;
2. The testator must have testamentary capacity, and must state in writing that he is of sound mind and is writing the will of his own accord. Attache a medical certificate;
3. A statement declaring the document as his will must be included;
4. An executor should be appointed.
5. The document must contain at least one provision that names a personal guardian for a minor child and/or at least one provision providing for the allocation of his estate;
6. If the will is not written in his handwriting (i.e., typed), he must sign the will and it must be attested to by two witnesses who are not beneficiaries and who saw the will signed by him;
7. The will need not be registered;
8. If the will is sealed, then the authenticity is genuine;
9. The will was not obtained by fraud, coercion or undue influence;
10. To make sure there are no other wills regarding the same property;