Skip to main content

Posts

Showing posts from August, 2024

Major Policy Change: Single People Can Now Foster and Adopt in India

Q: What are the new changes in the foster care guidelines? A: The Women and Child Development Ministry has updated the guidelines to allow single individuals—whether unmarried, widowed, divorced, or legally separated—to foster and adopt children. Previously, only married couples were permitted to foster. Q: What are the age requirements for single individuals to foster?  A: Single individuals must be between 35 and 60 years old to foster a child. For children aged 6 to 12 years, the minimum age is 35, while for children aged 12 to 18 years, the maximum age is 60. Q: How long must a child be in foster care before a single individual can adopt?   A: A child must be in the foster care of a single individual for at least two years before adoption, reduced from the previous requirement of five years. Q: Can single men and women foster and adopt any child? A: Single women can foster and adopt children of any gender. Single men can only foster male children. Q: What are the new ...

Succession Certificates Simplified: What Every Heir Should Know

When a loved one passes away, the emotional toll is often accompanied by the daunting task of handling their financial affairs. One of the legal tools that come into play during this time is the Succession Certificate.  What is a Succession Certificate?      A Succession Certificate is a legal document issued by a court that authorizes the rightful heirs to collect the debts and securities of the deceased. It essentially allows the heirs to step into the shoes of the deceased, enabling them to access bank accounts, transfer property, and manage other financial assets.      Imagine your loved one left behind a bank account, shares, or bonds in their name. Without a Succession Certificate, you might find yourself unable to access these assets, even if you’re the rightful heir. This certificate is crucial for avoiding legal roadblocks and ensuring that the deceased’s estate is managed properly. When Do You Need a Succession Certificate?    ...

India’s Probate Process in 2024: Essential Insights and Maharashtra’s 2024 Latest Update

  In India, the probate process is a crucial legal procedure for validating a will and administering the estate of a deceased person. This process ensures that the deceased's assets are distributed according to their wishes as expressed in the will, under the supervision of a court. What is Probate? Probate is a legal process that involves: - Proving the Will's Validity: The court examines the will to ensure that it is genuine and was created by the deceased while they were of sound mind. - Appointing an Executor: The will usually names an executor, who is responsible for administering the estate. If the will does not name an executor, the court appoints one. - Distributing the Assets: Once the will is validated, the executor distributes the assets according to the will's instructions. Probate is typically required when the estate includes immovable property (like land or a house), or when financial institutions require a legal confirmation before releasing funds to the ben...

Decoding MahaRERA’s Guidelines of 2024: What Real Estate Buyers Need to Know About Amenities

  📜 What is MahaRERA? The Maharashtra Real Estate Regulatory Authority (MahaRERA) aims to promote transparency and protect the interests of homebuyers in the real estate sector.   🏗️ Recent Order Highlights MahaRERA has issued an important order regarding the amenities that builders must provide in real estate projects. Let’s break down the key points!   🔍 Definition of Amenities Amenities include facilities that enhance the quality of life for residents, such as parks, gyms, swimming pools, and community halls. They play a crucial role in a project's appeal.   📅 Timely Provision   Builders are now required to provide these amenities within a specified timeline as part of the project completion. Delays in delivery can lead to penalties!   ⚖️ Consumer Rights Homebuyers have the right to expect the promised amenities. If not delivered, they can file complaints with MahaRERA for redressal. Your rights matter!   💬 Bu...