1) Testamentary succession
Nature
Hindu succession law Muslim succession law
Property Ancestral property: "Ancestral property" has been defined in Hindu Law as the property inherited from the father, father's father or father's father's father.
Personal property: Separate and self acquired property generated from income. Muslim law draws no distinction between ancestral and personal property.
What kind of property can be disposed off? • Movable and immovable property.
• Separate and self-acquired property.
• Property of a sole surviving coparcener.
• Stridhan by female Impartible estate unless it has not been prohibited by tradition. Property movable or immovable, corporeal or incorporeal, which must be in existence and transferable at
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• A female Hindu can dispose of his property through gift. Before 1956, a female Hindu was entitled to dispose of only her stridhana property by gift. Now, she can dispose of all her property by gift, whether it be stridhana, or whether it is obtained by her by inheritance from her husband or otherwise in whatsoever manner.
Gift known as hiba under muslim law.
• Hiba is only one of the transaction which are covered by general term gift.
• Hiba is a transfer without consideration.
• A gift by a Muslim in favour of his co-religionist must be under the Mohammedan Law.
• Section 141: gift to unborn person, a gift to a person not yet in existence is void.
• Section 143: power of appointment , a power given to a legatee to appoint a successor is invalid under mahomedan law
• Trust /Wakf • “trust” is an obligation annexed to the ownership of the property, and arising out of confidence reposed in and accepted by the owner or declared and accepted by him, for the benefit of another, or of another and the owner.
• Valid religious as charitable purpose of the trust as per the norms of Hindu Law.
• Capability of the author of the trust to create such a
Define corporation. Pg. 422 Corporation is an organization that is authorized by law to carry on an activity on an activity but treated as though it were a single person. Define economies of scale.
The court indicates that determining whether something is a gift or not depends on the intention of the transferor (Bogardus v. Commissioner, 302 U.S. 34) and the lack of any legal or moral obligation to make such a payment does not establish that as a gift, especially if the payment proceeds from “the incentive of anticipated benefit” of an economic nature. It is irrelevant if the donor wants the item. The court stated that the motives behind the gift are significant in this case, and the court believes that the car was gifted as a compensation for the past information Berman received and as an investment for the future
Instead, the ultimate ownership lies with the Crown (Government). As discussed above, a wide range of restrictions apply to land; these include airspace, subsurface and water rights, along with other interests and encumbrances, such as easements, restrictive covenants, mortgages, liens, etc. The rules and statutes affecting landholding are often highly detailed and complex. A notary or lawyer has a fiduciary and ethical duty towards their clients to explain their interests and rights during real estate conveyance. From a notary perspective, it is must for members to understand and meet their ethical and professional standards.
Issue Whether the land title transferred from the Indian tribes to private individuals prior to the American Revolution is recognized in a United States court? Facts Joshua Johnson (plaintiff) inherited a tract of land from his father, who bought the land from the Piankeshaw Indians prior to the American Revolution at which time the Piankeshaw Indians lived on the land. The county of Illinois in which the land was located was created by the State of Virginia after the Declaration of Independence. The land was then conveyed to the United States government by the Virginia delegates to Congress.
Mark the right option followed by entering the name of the person in the appropriate space in the section 6, Consent by Person with Right to Designate Primary Residence. Findings, section 7 requires selection of one choice by the judge among three listed there about the acceptance or refusal of the
For example, while both spouses are alive, both parties must consent to the transfer of the community property. In addition, the annual gift exemption can be combined and fully applied (since there is equal ownership), allowing for the spouses to receive the maximum exclusion for gift transfers (Leimberg, Shenkman, Katz, Kandell, & Miller, 2015). In contrast to the requirement for consent, upon death a spouse may transfer their share in the property as they see fit, however it is often transferred to the spouse. Topic #3: Wills Question #1: What happens if you do not have a will?
Once the property owner sells his property, a qualified intermediary (QI) holds the funds and is directed toward the purchase of a new property. The property sold is termed as relinquished property and the new
The Indian Removal Act helped United States expansion, and supported the unification of the nation. This opportunity for the Natives to expand their territory and prosper as a people, was beneficial for them, as well as for Americans past, present and future. We’d had past treaties with the Natives, but because of infractions on both sides, none of those were beneficial for too long. In May of 1830, the act was passed, to serve as a more permanent solution to the ongoing wars. The Indian Removal Act was a step in the right direction for the United States, as it created space for American’s to settle on, grow up with, and prosper on.
The Indian Removal Act, which is the law authorized the president to negotiate with Indian tribes for their removal to west of the Mississippi River in trade for their lands, was passed by congress on May 28, 1830 since the President Jackson signed into this law. In other words, this law enabled to remove the Indians from their native lands. Through the Indian Removal Act, the five civilized tribes Cherokee, Chickasaw, Choctaw, Creek, and Seminole were affected and forced to relocate their tribes from east of the Mississippi River to area in the west. President Andrew Jackson was a strong opponent of Indians and fought against them before becoming president in 1828. Even though some of people opposed this act, most Americans who lived in southern area supported this Indian Removal Act.
I, Sydney Fikse, of sound mind delegate my sister, Carlie Fikse, as my agent if I enter a state where I am unable to make decision for myself. If my agent is unwilling or unable to serve as my agent, I appoint Whitney Johnson. I trust these two to make decision regarding my health and safety. I giver her permission to consent to or refuse any medical, surgical, or hospital health care I may need. This power of attorney is applicable is the case that I am unable to speak or soundly make decisions for myself.
Imagine having to walk over 1200 miles because someone else wants you land. In 1820 five Native American tribes the Chickasaw, Choctaw, Seminole, Cherokee, and Creek Indians were invaded by all of the white people who came to the U.S from Europe, and the white men got very settled. Ever since the white men showed up to the U.S. there was conflict with the Native Americans. The Indian Removal Act is when southern Indian tribes formed their removal of the Natives and forced them to leave all of there stuff. I believe that the Indian Removal Act is a step in the wrong direction because we were not treating the Native Americans like human beings, it went against the constitution, and jackson wanted to build a wall to separate.
If there is no child then Shia widow will be entitled to 1/2 of the personal estate only, including house hold^trees and buildings but not inherit in real estate, Jn case there are children then 1/8 of both personal and real property.̂ "̂ In Shia law if a non Muslim dies leaving behind a Muslim and a non Muslim heir, the Muslim heir though remote in degree, succeed in preference to the non Muslim heir but under Sunni law, non Muslim will not
An example of a harmful trust would be the infamous Standard Oil Trust. The trust was formed in January, 1882 and according to linfo (www.linfo.com), “At that time, Standard Oil and its affiliates controlled more than 90 percent of the oil refining capacity and most of the
As per the social anthropologist Wendy James’s words “One man’s gift shall not be another man’s capital”. 2. The gift is property that diminishes. Therefore, even when dealing with a tangible, non perishable good such as money, the Indian would prefer to share it amongst the tribe (as is in the case of money given during the marriage of a daughter, where the father would share that money amongst the tribe members as he cannot keep a gift given for his daughter, a child of God, for himself). The gift essentially perishes away for the
Introduction In India, discriminatory attitude towards men and women have existed for generations and thus it affect the lives of both genders. Although the constitution of India has granted men and women equal rights, but gender gap still remains. Female discrimination violates human rights. These are mostly seen in family land sharing among sisters and brothers.