Get Succession Certificate In A Simplified Way

Overview Of Succession Certificate

What Is Succession Certificate?

According to the Indian Succession Act, a succession certificate enables a holder to act on behalf of the deceased in order to recover debts and securities that are owed to or receivable in his/ her name. The most important document by which the heirs can lay a claim to the movable assets of a deceased in the absence of a Will is a succession certificate. A succession certificate is obtained by submitting an application to the appropriate court, which reviews the potential heirs' claims and issues the certificate after due verification.

Advantages Of Succession Certificate

• Legal recognition: A succession certificate is a legally recognised document that provides the entitlement of heirs to claim the movable properties and financial obligations of the deceased.
• Debt recovery: The holder gets the authority to reclaim debts and securities that are owed to or receivable in the name of the deceased, allowing the estate's legal heirs to properly collect their inheritance.
• Dispute resolution: A succession certificate offers a formal legal procedure for a just and transparent resolution of disputes among legal heirs regarding the distribution of property.
• Third-party transaction: The certificate makes asset recovery easier by enabling the holder to start transactions with third parties like banks, insurance companies, or financial organisations on behalf of the deceased
• Asset protection: The certificate formally establishes the legal claimants' rights to the deceased's movable property, protecting them from having their property mistakenly claimed or unlawfully taken by robbers.

Process Of Succession Certificate

• Step

  01

  

  Application Filing

  Submit an application describing your relationship to the deceased, your assets, and your liabilities to the concerned court near where the deceased lived or the assets are located.

• Step

  02

  

  Legal Notice

  Publish a newspaper announcement about the application mentioning a deadline. The parties who want to raise their objection should do it before the given deadline.

• Step

  03

  

  Verification Hearing

  In order to confirm your claim and review the objections, the court schedules a hearing. During the hearing, it makes sure that your entitlement as a legal heir is valid.

• Step

  04

  

  Evidence Submission

  Provide necessary documents to prove your claim, including affidavits, information about the asset,the deceased's death certificate, and proof of your relationship to the deceased.

• Step

  05

  

  Surety Bond

  You can reassure the court and any interested parties that you will handle the deceased person's assets and debts responsibly and uphold your legal obligations by furnishing a surety bond.

• Step

  06

  Issuance Of Succession Certificate

  After evaluating all the evidence and objections, the court issues the succession certificate. It empowers the holder to efficiently access the deceased’s assets.

Documents Required

• A copy of the death certificate of the deceased.
• Documents of the deceased's primary residence.
• Information about the deceased's property (If the primary residence’s document was unavailable).
• Basic information of legal heirs or other relatives.
• No objection certificate (from heirs who are not the petitioner's legal heirs).
• Affidavits must be signed by every lawful heir (who wants to renounce his claim to the estate).
• Copies of petitioners’ Ration cards or Passports.
• Documents regarding the debts and securities.

* Government Fee