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

Under the Indian Succession Act, 1925, which of the following is a feature of a privileged will?

A privileged will is one made by a soldier engaged in actual warfare, or an airman or mariner at sea. It enjoys relaxed formalities and may be oral in certain situations. Registration is not compulsory, and it can be revoked like any will.

  1. AIt can be made only by a person who is a soldier employed in an expedition or actually engaged in warfare, or an airman or a mariner at sea, and may be oral in certain situationsCorrect
  2. BIt must always be registered with the Sub-Registrar to be valid
  3. CIt can be made only by a person above 70 years of age
  4. DIt cannot be revoked once made

Explanation

Privileged wills are available to soldiers in actual warfare, airmen and mariners at sea, and are subject to relaxed formalities, including oral declaration in certain situations. Registration of a will is optional, not mandatory. Age has no relevance to privileged status, and any will can be revoked by the testator.

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