Updated on May 06, 2025 02:36:56 PM
In Haryana, if someone dies, then transferring their assets, such as bank accounts and investments, requires proper legal documents. The process can get more complicated if there isn’t a will. In such cases, a Succession Certificate in Haryana is a must-have document.It is a certificate issued by the court that helps and gives the legal heirs of the deceased the right to continue dealing with or even inherit the assets of the deceased without any hassle. Transfer of ownership becomes smooth it prevents disputes and protects the rights of all concerned.
In this article, we will tell you how to get a succession certificate in Haryana, who is eligible, and what documents are required. Contact Professional Utilities for expert assistance to make the process simple and stress-free.
A Succession Certificate is an important document that can verify the right of the legal heirs to make the financial decisions related to a deceased person. Assets such as bank accounts, investments, and securities are included in this in Haryana. Inheritance cases where the deceased’s property has to be managed or transferred is a key requirement. The certificate guarantees that organizations such as banks are not at risk for legal issues while transferring these assets.
The succession certificate is crucial to manage a deceased person's estate, and ensuring a smooth transfer of assets to legal inheritors. It makes inheritance procedures easier and offers a variety of benefits for the rightful beneficiaries..Here are five advantages of this document which make it a must-have document for legal heirs.
To apply for a Succession Certificate, follow these steps
To apply for a Succession Certificate in Haryana, you need to provide:
You need to understand the cost of getting a Succession Certificate to plan effectively.Cost of Obtaining the Certificate:
It is important to know how much time it takes to get a Succession Certificate.
Note: Professional fee for Succession Certificate in India starts from ₹25,000. The aforementioned fees are exclusive of GST
A Succession Certificate Petition Format should be prepared with care in accordance with legal rules so that it is accepted by the court. It typically includes details such as:
Many people confuse Succession Certificates with Legal Heir Certificates. When choosing between the two, it is essential to consider the type of asset and the purpose of the documentation.
| Aspect | Succession Certificate | Legal Heir Certificate |
|---|---|---|
| Purpose | Asset inheritance and management | Establishing legal heirs |
| Authority | Grants power to claim assets | No authority to claim |
| Use Case | Pensions, insurance | Debts, securities |
The certificate mainly applies to movable assets like bank deposits and securities. For Immovable Property, it may not always be necessary. Some states have specific rules that do not require a Succession Certificate for transferring immovable assets.
Succession Certificate Not Required for Immovable Property: In such cases, other legal documents may suffice for property transfer.
Conclusion
A succession Certificate in Haryana is required if you need to transfer or handle the assets of a deceased person. In addition, it is necessary to understand the difference between a Legal Heir Certificate and a Succession Certificate in matters related to inheritance. An eligible heir can procure a succession certificate by following the right procedure and seeing that the assets are transferred accurately.
To make the process hassle-free, we recommend you get the help of the legal experts at Professional Utilities who can help you with the application and issuance of a Succession Certificate.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
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The Succession Certificate is the official court document that would enable the legal heirs to take over, or rather inherit, the estate of the deceased person consisting of bank balance and all kinds of investments and securities. This ensures smooth ownership transfer and also protects institutions, like banks, against potential legal disputes regarding the distribution of assets.
A certificate of succession will come into play when a movable property of a deceased person, debt, securities, or bank balances have to be transferred or dealt with, especially in instances when no will has been made.
For the issue of a Succession Certificate, one has to file a petition before the concerned District Court. The petitioning has to be done along with the essential documents such as the death certificate, proof of relationship, a list of legal heirs, and the details of the assets of the deceased. The court will conduct hearings, publish notifications, and issue the certificate after verification of all claims.
The fees to obtain a Succession Certificate generally include a court fee of approximately 3% of the value of assets being claimed, in addition to other charges levied over and above the filing and verification fees. Of course, it all depends on your state and how complex the case could be.
Legal Heir Certificate: It shows the legitimate heirs of a deceased person. It does not, in any case, confer rights to administer or dispose of properties. This is mainly issued for claiming pension or insurance.
Succession Certificate: It confers the right to inherit and make administration of moveable properties such as debts, and securities; it is also an essential document for banking or any other investment-related purposes.
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