NISM Certifications · NISM-Series-X-B: Investment Adviser (Level 2) · Basics of Estate Planning
Which statement about a will in India is correct?
A will takes effect only on the testator's death, and until then the testator may revoke or alter it freely. Registration is not mandatory for validity, and no court approval is needed beforehand, so the first statement alone is correct.
- AA will becomes operative only after the death of the testator and can be revoked or changed by the testator during lifetimeCorrect
- BA will becomes operative immediately on signing and cannot be changed afterwards
- CA will must always be registered, otherwise it is invalid
- DA will must be approved by a court before the testator's death
Explanation
A will speaks only from the testator's death and is revocable and alterable while the testator is alive. Registration is optional and not a condition for validity, and no court approval is needed during the testator's life.
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