Skip to content

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

Under the Indian Succession Act, 1925, a will that is made by a testator and is intended to be operative only after death can be changed by the testator at any time during his lifetime. Which feature of a will does this describe?

A will is ambulatory and revocable: it operates only after the testator's death, and until then the testator may alter or revoke it freely. Registration does not make it irrevocable, and the executor's consent is not required for changes.

  1. AIt is irrevocable once registered
  2. BIt is ambulatory and revocable until deathCorrect
  3. CIt takes effect from the date of signing
  4. DIt can be changed only with the executor's consent

Explanation

A will speaks only from the testator's death and is therefore ambulatory. The testator can revoke or alter it any number of times while alive and of sound mind. Registration is optional and does not make it irrevocable, and no executor consent is needed.

Did you get it right without looking?

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

Practise Tools for Estate PlanningFree diagnostic mock

More Tools for Estate Planning questions