Updated on May 06, 2025 02:36:56 PM
The process of transferring the assets of a deceased individual in Kerala can be complicated, especially if no will has been left. In this case, a Succession certificate in Kerala is a must. This document is issued by a court, and it gives the legal heirs the authority to manage assets without any hassle. This ensures a smooth transfer of ownership and in cases where there are no disputes, it protects all rights.
This article will guide you through the process of obtaining a succession certificate in Kerala, including eligibility criteria and required documents. Contact Professional Utilities for expert guidance to make the process stress-free.
A succession certificate is a document that proves that the legal heirs of a deceased person have a right to manage the financial affairs. This applies to the properties in Kerala including bank accounts, investments, and securities. It is a very crucial document needed for inheritance purposes to make the transfer smooth and it take place without legal complications by the bank and other parties.
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 Kerala, you need to provide:
You need to understand the cost of getting a Succession Certificate to plan effectively.
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
The Succession certificate in Kerala facilitates the smooth transfer of assets, such as bank accounts, investments and other assets, that were left by the deceased. For the sake of transparency, it is important to understand the difference between the legal Heri Certificate (heritage certificate) and the Succession Certificate. This will ensure that the inheritance process runs smoothly and accurately. The necessary steps will help prevent disputes with other heirs, as they ensure that only the rightful heirs receive the certificate. If you want to avoid these complications and have a stress-free and simple experience, our legal experts are here to help. We can help you with the application and issue of a Succession Certificate without any hassle.
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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