Skip to content

NISM Certifications · NISM-Series-X-B: Investment Adviser (Level 2) · Basics of Estate Planning

Mr. Raghavan, a Hindu male, dies intestate leaving a widow, one son and one daughter, and his mother. He owned a self-acquired house. Under the Hindu Succession Act, 1956, how is the house devolved?

The house is divided equally among the widow, son, daughter and mother because all four are Class I heirs of a Hindu male dying intestate. Class I heirs inherit simultaneously and take equal shares, so each receives one-fourth of the property.

  1. AEntirely to the son as the male heir
  2. BEqually among the widow, son, daughter and mother, as Class I heirsCorrect
  3. CHalf to the widow and half divided between the son and daughter, with the mother excluded
  4. DEntirely to the widow, as the surviving spouse

Explanation

Widow, son, daughter and mother are all Class I heirs of a Hindu male. Class I heirs take simultaneously and in equal shares, so each gets one-fourth. The other options wrongly exclude or favour some heirs.

Did you get it right without looking?

One question tells you little. A timed set on Basics of Estate Planning shows your real accuracy, how long you take and where you lose marks.

Practise Basics of Estate PlanningFree diagnostic mock

More Basics of Estate Planning questions