Inheritance Disputes – Why They Arise And How To Resolve It
Since times immemorial (mainly if we think about the times of Ramayana and Mahabharta, as per Indian Mythological periods) the properties of the elders had always been bone of contention between the descendants, particularly after the death of the ancestor. With times, the demand-supply factor takes control of the fate of the land (immovable property), and the prices of the properties go on increasing. In the state of Punjab itself in India, the rates of properties have gone exponentially high in the last decade turning the rural middle class into upper-class individuals. When so much can be gained just by being a descendant, who would want to leave the inheritance at almost negligible costs in terms of time and money. This article attempts to cover up the topics relating to inheritance, what disputes can arise in this regard and how they can be resolved most cost-effectively. What is inheritance? Inheritance refers to a process whereby the descendants acquire the property of the