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

Mrs. Leela Narayan wants her Will to stay valid and effective. Which of the following is a requirement for a valid Will under Indian succession law?

A valid Will requires a testator of sound mind and attestation by at least two witnesses. Stamp paper, compulsory registration and court approval are not required for validity, although registering the Will can help later as strong evidence.

  1. AThe testator must be of sound mind and the Will must be attested by at least two witnessesCorrect
  2. BThe Will must be on stamp paper of a prescribed value
  3. CThe Will must be registered with the Sub-Registrar to be valid
  4. DThe Will must be approved by a court before the testator's death

Explanation

A Will must be made by a person of sound mind, and generally needs attestation by at least two witnesses who see the testator sign. Stamp paper, mandatory registration and prior court approval are not required for validity, though registration is advisable as evidence.

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