Why to register a Will?
It is a good practice to register a will even if it is not mandatory, if immovable property is part of the wealth being bequeathed.
Several authorities, such as the Municipal Corporation of Delhi, insist on a registered will to transfer immovable property to legal heirs.
The registration can be done at the office of the registrar or sub-registrar for a nominal fixed amount. The custody of the will is with this office of the registrar.
A will can be written even on a plain paper and registered. No stamp duties are payable for writing or registering a will.
A probate or succession certificate is mandatory to transfer property, if a will is not registered. The costs to obtain these documents may run up to 4% of the property value.
A registered will can be modified only by a codicil, which is a supplement to a will, or a fresh will. Both these must be registered to be considered valid.
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