Bhawal Case is a renowned case in Indian History. It is an extraordinary true tragic story. I want to draw your attention by introducing Ramendra Narayan Roy, popularly known as Bhawal Sannyasi in India.
Ramendra Narayan Roy was the second prince of Bhawal Estate, a large zaminder in Bengal, in modern-day Bangladesh. He was one of the brothers who had inherited part of the huge estate from their father.
This, second Kumar of Bhawal, had passion to spend most of his time in hunting. He also liked spending time with women. At this point of time, he was married to younger and beautiful Bibhabati Devi.
In the year of 1905, he had contracted syphilis. In 1909 he went to Darjeeling , accompanied by his wife Bhibhabati Devi and her brother Satyendranath Banerjee to seek treatment but was reported to dead on 7th May at the age of 25.
The reported cause of death was biliary colic (stones in gall bladder). His body was supposedly cremated/ burned in Darjeeling the next day and customary funerary
Have you documented all your important information which leads to your financial details?
This documentation will definitely help you in arranging things for yourself. But, DiL SE WiLL has raised this question for your loved ones…..after you.
Please go through the blog carefully.
It is an ardent request to all those reading the blog to follow the checklist and encourage all other dear and near ones to do the same.
The checklist is as follows-
1. Check all your Nomination-
It is a general protocol to put a name of family member as nominee and we abruptly forget about it. The most surprising thing is that we don’t update the changes even after any important changes in our lives. Here the most important changes mean the changes like death of any person whose name has already been enlisted as nominee. Even your salary account usually has no nomination…. kindly check all your nominations especially in the following places-
- Bank accounts
- Fixed deposits, NSC
- Bank lockers
- Demat accounts
- Insurance (all
People who follow my blog regularly know that I often write about making a Will. Today, I will attract your attention to a situation which may arise even in our lives. Before getting to the subject, we will need to know few things.
A Will is a Legal declaration of the intention of the Testator (maker of the Will) which he desires to be carried into effect after his death. Thus, the ownership (title), rights & interest over the property lies with the Testator during his life span. “Will” shall come into effect after the death of Testator.
On the Contrary, a Gift wherein the Ownership along with rights & interest are transferred instantly to the Donee (person to whom property has been transferred). After such transfer Donor (the person gifting his property) does not have any Rights, Title (ownership) & interest over his gifted property in his life span. Gift takes into effect instantly after the acceptance of the gift by Donee.
Family disputes are peculiar. They are bitter, and, almost
Mimi is a small 12 years old child and the only daughter of her parents. Her most beloved best friend is her pet Lucy. At home, Lucy never leaves Mimi alone. They take their meal, bath etc together.
Mimi belongs to an affluent family. They have huge properties and they are very organized too. They have also made Will in favor of minor Mimi. They created a trust through their Will by keeping an important thing in their mind that this trust will maintain all the expenses of Mimi in future.
Mimi’s parents suddenly meet with an accident. They could not survive and were declared dead. She starts missing her mother in every step of her life. She starts missing the cuddles, mother’s love & the bed time stories.
Mimi’s future has been secured but she feels lonely in her life. Lucy plays a great role in this crucial period of Mimi’s life. Gradually Mimi’s life is getting engulfed with lot of love & joy from Lucy. She always apprehends and prays to God everyday “please God do not snatch away Lucy
Please hold on just 15 minutes to read this –
Letter written by a wife after her husband’s death in an accident. Few things I learnt after my husband’s death-
We always believe we will live forever. Bad things always happen to others. Only when things hit us bang on your head you realize…..Life is so unpredictable….
My husband was an IT guy, All technical. And I am a chartered Accountant. Awesome combination you may think.
Techie guy so everything is on his laptop. His to do list. His e-bill and his bank statements in his e-mail. He even maintained a folder which said IMPWDS wherein he stored all login Id and passwords for his online accounts. And even his laptop had a password. Techie guy so all the passwords were alpha- numeric with a special character not an easy one to crack. Office policy said password needed to be changed every 30 days. So every time I accessed his laptop I would realize it’s a new password again. I would simply opt for asking him …What’s the latest password instead
Colloquial meaning of “Nomination” is the act of officially suggesting someone or something. The term “Nomination” has wide meaning. Nomination is the act or process through which any person who owns assets (like Mutual Funds, Insurances Policies, other Securities/ Bonds/ Debentures, Shares, Bank Accounts, Societies, NSC, Post Office, PF, PPF & gratuity, Demat Accounts, Lockers), may appoint one or more nominees for such financial assets. Nominee is entitled to receive such financial assets after the death of actual owner. Through nomination one can authorize someone to receive assets on his/her behalf. Nomination comes into effect after the death of the actual Owner. The most important thing in nomination is that nominee can be changed at any time during the life span of the Owner of such financial assets.
Basically, nominee exclusively holds the right to receive and takes care of the asset of such Owner but not the ownership of the said asset/assets. In a renown judgment (Smt.
Estate planning is a process of preparation/ plan through which we can club together our entire movable and immovable properties/assets which we desire to bequeath after our death.
The benefits you will receive by estate planning are as follows-
- You may reduce taxable estate by making annual gift;
- Make power of attorney for directing/managing other investment and assets;
- Make or update plans like insurance/ other things;
- Make limits of your estate taxes by creating trust accounts in favor of beneficiary;
- You may create Will;
- You may mention the name/names of executor who will oversee the terms of Will;
- You may appoint guardian for living dependents;
- You may make planning for funeral arrangements/ expenditures.
- And many more….
It is better to make Will in lieu of dying as an intestate. Most of the people at young age procrastinate estate planning for the myth that estate planning is not required at younger age and keep it aside exclusively for the older part of their lives. Estate Planning due
Sometimes memory of a stranger cannot be erased from our mind in life long, one of them. Stranger Rahul Verma, a soldier, by profession was one such person in my life.
On 25th May, 2004, I reached Chandigarh by train at 6 a.m. but was oblivious about the upcoming happenings at Chandigarh. I visited there as a tourist. In evening, I went to a beautiful garden which was heavily adorned and had a renowned Cafeteria situated at a stone throwing distance from my lodge. I took few photographs of the silent nature. In love with photography, I took candid shots of two people sitting at coffee shop. They were having their coffee. I offered them their photographs and at the same time we introduced ourselves. I noticed the change in their sullen faces as they came to know about my profession as a lawyer.
It seemed like a ray of hope for them. They started enquiring about my profession and my practice. On being satisfied with my credentials information and offered me a cup of coffee. Interested
Resources say that the awareness of the importance of making a will in India is much lower than that in the western world. Only 36% of the total population in the USA makes a valid will whereas the UK is a little better with 47%. With the decreasing life span experts say that this is not enough. But, in India the percentage is even lower .This is alarming.
In our initiative towards creating awareness about the importance of making a will, we found that over 80% of the cases pending in various courts across India are related to property disputes , succession matters , inheritance and probate executions. These cases sometimes outgrow the age of the people fighting the cases. Such situations can be avoided if each one takes a responsible decision to systematically assign his/her properties. This can only be done through a valid will.
Why making of “Will” is important? …..We know that the only way out is that to keep an eye on incidents which compel the law makers to be stricter to keep a
A dark room, which is obscure but lightly lightened with blue dimmed light. All the windows of
the room are open and entire room is in a mess clearly indicating it’s un-kept and uncared fate.
A voice of deep pain and loneliness can be perceived from that room. A cool evening breeze is
freezing her body but Mrs. Ushashi is unable to wrap her duvet due to her illness and weak
body.
“Cring…..cring……..” her mobile is constantly ringing but Mrs. Ushashi is unable to lift her head
even…. she is thinking “How shall I talk?? Oh!! God ….please….please give me some relief from
this bitter pain….. I cannot bear this pain anymore” She is gradually becoming senseless after
trying much to pick up the call. Rains of tears constant flowing from her closed eyes and the
pillow cover of her pillow has been drenched by her tears. Her entire body color is turned into
dark black and her body has been reduced to the size of a skeleton.
Mrs. Ushashi wants to shut the windows of her room but suddenly she falls down from
