Hi, I am Dhriti Laddha, Legal Specialist at AasaanWill.
Few days’ back a client called and here is their story.
Rahul and Anjali were college sweethearts and were in a live-in relationship for a long time. It was a Thursday morning of April, 2010, Rahul read in the newspaper that the Supreme Court declared live-in relationships legal. That day, their happiness knew no bounds. Anjali was 6 months pregnant. Certainly, the child born out of wedlock was also declared legitimate. Now, they both were relieved for the future of their child.
Rahul and Anjali began their financial planning, as now they were parents. Rahul Invested in mutual funds and health insurance while Anjali invested in stocks and fixed deposits for long term and they made each other the nominee. Their families knew about their investments.
Last year, in 2021 Rahul came in contact with corona virus and died due to oxygen deficiency. Anjali was devastated. After a few days, Anjali went to claim the money invested in mutual funds and health insurance but it was declined. Anjali could not understand the reasons as to why she was not granted the claims, as she was the nominee.
When Anjali returned home, she received a notice from Rahul’s family claiming to be the beneficiaries of his assets.
Anjali contacted me and told me about the whole issue. I advised her to file a suit while giving her realistic expectation on how long it takes for property issues to get resolved.
And this is what I wanted to convey to all, especially unmarried and live-in couples. Know these 3 things:
If Rahul would have written the Will making Anjali the beneficiary, she would have been entitled to his property and the future of both the mother and child could have been made secure. Don’t commit these 3 mistakes:
Avoid being Rahul, make a Will today. Write your Will online with AasaanWill. Zaroori Hai!
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