Jagoinvestor

January 21, 2013

Why Women dont ask for their Share in Inherited Property and Wealth ?

Let’s talk about Women and Inheritance today. Our Indian culture, has for thousands of years treated men as someone who lead families and be the heads of next generation and women as someone who will go to some other family after marriage and start a new life. This has been deeply rooted in all our minds for years and years. This is one big reason why women in India are not aware about inheritance laws and their rights in property.

Women and Inheritance in India

Some families, where there are sons and daughters both, do not even raise the point of dividing the property equally among all of them equally. Daughters who are married are not even in picture at the times, the wealth is divided and it’s considered  natural and something that makes sense. Women on the other hand also do not take any lead or don’t bother asking for their fair share in the family wealth.

Brothers do not share wealth with Sisters

You must have seen cases like these and might be experiencing them in your family as well.

Case 1 : I know a family which had 1 brother and 3 sisters and who had a huge property in Mumbai at a central location, lots of shares, mutual funds and bank accounts, When the father died, people cried and after a month every body was back at home, all 3 daughters who are married didn’t even think for a second that they have a huge 25% share in the wealth, which is a decent amount by today’s standards. All 3 daughters are not so well off  and struggling day in and day out, but they are just not considering the option to ask for their share. Legally if they want, it would be just a matter of a  few months or years and some bitter experiences, but they might reach their financial freedom if they go to court. But they are too emotional to take that step and worry about relationships and the problems which arise out of it.

Case 2 : In another case, there are 2 brothers and 2 sisters (all married), and after the father’s death, the brothers are fighting with each other for property “Father spend so much on your education, my career was affected because of that, So I should logically get more now.” Fair point logically, but from legal point of view, it does not matter much how father treated whom . The sad part of this story is that brothers are fighting for their share and also sharing their plight with their sisters, but not for a second do they think that even sisters are legal heirs and should also get their share. (Incase you didnt knew – Hindu Succession Law is applied when a WILL is not written)

It’s not Fair!

Just because now they are part of another family, they are not seen as valid heirs. I am raising this point today because this is wrong practice. Women now have to raise their voices and ask for their share from their parents and brothers. If required, ask for it legally. Just because father has spend lot of money on wedding of sister and given her gold does not mean she can be cut off from the family wealth sharing.

If father writes a WILL saying that he wants to give his wealth in some specific proportion, then it’s fine, it’s your father wish. But if a WILL is not present, then you are a valid legal heir, you should ask for your share and you will get it.

Look at it as part of your Financial Plan

If you are a man, your wife might be entitled for her share of wealth from her parents’. In today’s world where money has become so important, see if you can convince her to ask for her share. It might get her valid share of money and can help you in leading a better financial life. I am not saying this because you should be money minded, but because its a fair thing to ask for.

We have created a 2 part video program for Women and Money for our wealth club members. If you are a member there, please show this video series to your spouse.

Do you have any personal experience like this? Can you share?

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Rama Dogra
Rama Dogra
7 years ago

I have willingly given my share to my brother along with my sisters to my brother. Now I have realised that I have made a mistake. Can I ask for it back ?

Jagoinvestor Admin
Jagoinvestor Admin
Admin
Reply to  Rama Dogra
7 years ago

Hi Rama Dogra

This is very specific query which you should follow up with the concerned authority only. We wont be able to comment on that

Manish

Gopu
Gopu
Reply to  Rama Dogra
3 years ago

Just. I’ll give another case.
A low middle class family,
For daughters wedding spent a lot of money, gave her many jewels, and net cash of a lakh, and for son, still younger
His parents won’t see for his education, won’t let him to fulfil his dream job
And he’s hardly earning his daily, and
They have only 1 house ( with debt).
Is father, dies- Who will get that House.
( Remember – for daughters wedding, they spent lot’s of money and they didn’t care about son. Now they have very hard financial condition too).

Sorry, I didn’t get how to post it actually article, can you please do it for me.

Gopu
Gopu
Reply to  Gopu
3 years ago

And she’s is in rich family.
And she is bad wisher for her brother.

Parvathy Vaidyanathan
Parvathy Vaidyanathan
8 years ago

Hello,
I am the elder daughter of my parents. I have only my younger brother who has taken care of my parents whenever they required medical attention all these years. He is married and has a family. I too am married and have 2 sons. Because of family commitments I have not been able to take care of my parents or visit them except last time when my mom was hospitalised for an operation. I was there with her for one full month, fully taking care of her. Now my mother informs me that they have made a will in which it is stated that the whole property( the house including the land) is been written off for my brother as “i am not visiting them often”. Is it fair? I have emotional attachment towards my home as much as my brother has. She mentioned that since my brother is now in a condition to give money for me now( he is constructing a house in Bangalore city limits), he may later give me 15 lakhs. My parents’ home in Cochin is easily worth more than 1 crore. My brother and family are not in a good relation with me, because of some family issues(petty ones!!). I haven’t talked to my brother for more than a year now. Kindly advise what I should do, do I have a share in my father’s property? Apart from this there is another property which my father has inherited from his father, which is not sold(only land which will fetch a very good amount). do I have a share in this property also? If so, how much? Thanks a lot!

Parvathy Vaidyanathan
Parvathy Vaidyanathan
Reply to  Parvathy Vaidyanathan
8 years ago

please read as “since my brother is not in a condition to give me money”

TulasiKrishna
TulasiKrishna
11 years ago

My grand father died without writing a will. He is survived by a wife (whom he married after my grand mother died), one daughter, one son (which he gave birth through his first wife), three sons (whom he bore out from his second wife). But after my grand father died, my four uncles had got some passbooks written on their names claiming as the heirs of his full property stating that when my mother was a child my grand father had written some property on her name as a gift. So now my mother is having no share in his property now. Recently approximately one year ago they sold the property and divided the amount among four of them excluding my mother. They had not even informed my mother about this deal. We came to know about this from third party who are our well wishers. My mother is separated from my father and is staying alone with me since my childhood (approximately 30 years). Now my father also is threatening us to write the property he earned on ashram’s name. He is a retired Govt employee. We are not even getting a part of his pension. We are facing a lot of hardships. I am central govt employee (defence person serving in uniform). Please guide us whether my self can file any type of legal claims against my uncles claiming my grandfather’s (mother’s father) property and my father’s property / my mother can file any type of legal claims on her father’s property against her real and step brothers and also any claim on her husband’s earned property or his pension from whom she had separated since approximately 30 years view some personal family disturbances.

TulasiKrishna
TulasiKrishna
Reply to  Jagoinvestor
11 years ago

ACCORDING TO THE SITUATION WHICH I HAD EXPLAINED YOU ABOVE WILL THERE BE ANY STRONG POINTS IN MY CASE IF I CONSULT A LAWYER AND THEN BE VICTORIOUS

trupti
trupti
11 years ago

Now here is the situation.
My wife has one brother and parents have passed away. Her father just own a home in prime location(father bought it). When he bought that house long back it was only worth of 3 lacs or something BUT TODAY it’s worth of minimum 1.25 to 1.5 crore. Currently, my wife’s brother is staying there. My wife and her brother has fine relation(not very good but also not bad).

Here,
– Property prices have appreciated as a matter of fact but that does not mean people have got income increased drastically. What I mean here is that, although property price of their house is in crore still her brother is earning just fine. He does not have any other another house than what father bought and he lives there.
– so shall a sister ask his brother to sell of the property and take a equal share of it OR leave it for him ?

Shyam
Shyam
11 years ago

Hello readers,

I’m 30 now, and being a son, I’m taking care of my parents.
My father owns a house, for which I payed off the remaining loan when I just started earning.
I have been spending on the monthly society maintenance and renovate the house once every three years or so, apart from taking the best care of my parents financially, medically and psychologically.

My sister, meanwhile, didn’t have to shoulder any responsibilities as such and didn’t have much of a role to play after marriage.

My question to you is, don’t all these factors make me MORALLY eligible for the property? Let’s keep law, culture and tradition aside for a moment.
I do not intend to say I took care of my parents so that I would claim the property some day.

I am sure that me and my sister wouldn’t get into a dispute over the property, but I would honestly like to know if I can pitch these points to her in case we discuss it?

If we would get into an argument, I have decided to happily give away her share. Just want to know if my thought process is correct, or is it, as some may say, biassed due to my cultural upbringing? I am open to new views as long as I see logic in them.

Both my parents are still healthy by god’s grace but I don’t know if I can discuss these things with them.

P
P
Reply to  Shyam
1 year ago

You do not take care of your parents you expect another daughter which is your wife to take care of them, how foolish is the custom to throw away your daughter after certain forget what she did before marriage than those in-laws expect that should take care of them more than her parents, she does not get shares because of this stupid patriarchal customs from her parents and made to depend on a husband as she is not legally own property. First, send your daughter away to fulfil some stupid patriarchal customs then cry about the fact they did not care for you as you did not expect from your own biological the same way that you expect from someone else daughter. Let people take care of their part of biological parents, not in-laws it is their own choice if they want to. Everybody should have obligations towards their parents who raised them not some in-laws. Daughters can take care of parents too if these patriarchal customs do not exist. No son takes care of their parent by themselves they expect from their wife or someone else daughter to take care of them

AD
AD
11 years ago

Hi Manish,

A very nice article and interesting to read the comments as on date…

I personally believe that whatever our parents have earned or accumulated during their entire life should be distributed according to his sweet WILL ONLY afterall it”s his WEALTH and he should dispose it off accordingly to his wish only. For that matter, a father should analyse his own family situation and should discuss about His Wish/Will with both his son & daughter. In that way, he will come to know about the mind set of his children which would enable him to take future course of action on his finances. A father should openly discuss with his children wrt his wish and will on distribution of his fiances.

I personally believe that daughter and son should be treated equally and daughter MUST get her share of right in every bit of finance of her father.

money
money
11 years ago

When and how does a property become ancestral?
Is only the immoveable property that can be considered ancestral?
Who could be the beneficiaries of such a property?
When and if the ancestral property can ever be sold?

anuj gupta
anuj gupta
11 years ago

Hi

Nice post. I want to know if the daughter is adopted as a baby ..in that case does she has the right on her parents wealth. There is no will.

She was adopted from relatives but not on paper.

Thanks
Anuj

anuj gupta
anuj gupta
Reply to  Jagoinvestor
11 years ago

Thank you sir!!

SONIA BAJAJ
SONIA BAJAJ
11 years ago

thanks manish you have truely touched my heart by raising this issue.
after my father died my brother and his wife kept insluting and misbehaving with my mother.i plan to take care of my mother thoughout her life and give her the dignity which she deserved.can you please quote some cases in india where sisters actually fought in court and what were the decisions so that sisters like me can referto them also some lawers in india who specialse in dealing such cases who can be asked for legal aid if need arises.
THANKS AGAIN MANISH

Chitra
Chitra
11 years ago

I have a question here. What if the father has written a will which doesn’t mentioned anything about giving to daughter? Can the daughter still fight legally for the share?

Sukomal
Sukomal
11 years ago

In my opinion i can say major chunk of responsibility lies in father(original owner of the property), he should make will paper in such a way that all son and daughter will get equal share after his death… because if you say father spent much of the money as dowry to his daughter then i wont agree because same or greater amount of money father spent as higher education of his son too sometime. So it’s father right how he can spend money to his son/daughter, you can’t quantify this…and if father spent much of his money as dowry..i must say anyways he is giving this money to person who is not 100% man,so he giving his fine as his daughter is not capable to select right person…

Ripul
Ripul
11 years ago

Agree with you Manish….Its because of emotions why sisters don’t ask for their share.

Some females feel that whatever was my share , my father has given in form on dowry….

Some females feel that its my husband’s responsibility to take care of me… why should I ask money from my brother?

Husbands don’t ask wife to claim the share because of the same reason that it would be considered as a dowry and not her rights..he would be considered money minded

In case sister is staying in joint family, she has a fear that major chunk of the money I get, will all be used by my in-laws (and she and her children might not get sufficient amt)…in such case why should sister ask her brother for share….

For some, brother comes first than husband…. when husband suggest wife to claim the share, they would keep giving different irrational advices, like cost-cutting/saving etc. to husband rather than asking for their share after the parents….

Legally, I agree with whatever you have written….

Vanga Rajendra Prasad
Vanga Rajendra Prasad
11 years ago

In some peculiar cases, the argument of Manish is valid. But not in all cases.

Daughter’s share is given in the name of dowry. Why do not you call it as equal share?
After marriage, she leaves her parents house and settles in another place. Hence physically, it is difficult to look after her parents. In our male dominated culture (socially, physically, financially) it will be difficult for her to help her parents without the consent of her husband. Hence parents do not expect any thing from her. Parents treat their daughter as beautiful flower to be looked after by them. But they treat their son as a fencing to protect them and their daughters. Hence parents give responsibilities to their sons along with their assets.
Based on the age old tradition, daughters give their love and show tears of love towards their parents. But they, generally(daughters) do not feel financial responsibility towards their parents. When they do not feel financial responsibility, they should not expect any thing from the left over assets of parents.
Minors have right to share profit in the business of partnership concern. But they are not responsible for losses in the business. Like ‘that’ it is not fair to argue that girls should share assets but not financial liabilities.

Above views are based on some conditions and to discuss the other side. No argument can be treated as applicable for ALL conditions.

sandhu
sandhu
11 years ago

legally very right, emotionaly may not very right from girls point of view.

one can weigh between her emotions and rights and decide, law will help.

even to add, property made by father can be given to any one ( only sons ), but property inherited by father from his parents i. e. from grandparents of the girls can not be willed to any one he wishes to ( legally speaking )

balvir chawla
balvir chawla
11 years ago

Hi Manish

A well written article. The main reason I think women have not asked for their share is simply because though the husband know this they dont want to ask for their wife’s share. Because they know the day they will do that their sister’s will also ask for their share from them. So the men conveniently calculate that rather than getting a couple of lakhs from the in-laws and spoiling the image there it makes sense to keep quiet and garner the crores from their parents. I may sound a bit harsh on the men but if you look around this is primarily the reason and where the reverse happens the daughters stand up for the right because the husband push them for that by emotionally telling that it will be beneficial for their kids and so on.

Paresh Deshpande
Paresh Deshpande
11 years ago

Why Women don’t ask for their Share in Inherited Property and Wealth : Possibly because they love and care their brothers…Money can’t be over & above the relations.

Paresh Deshpande
Paresh Deshpande
Reply to  Jagoinvestor
11 years ago

Yes you are true & I agree that brothers should offer the share of property to sisters & let them to take decision.

Chandan Mundhra
Chandan Mundhra
Reply to  Jagoinvestor
11 years ago

Exactly !!! Manishji

SONIA BAJAJ
SONIA BAJAJ
Reply to  Paresh Deshpande
11 years ago

same applies for brothers too why just they dont give it away bcause it is legally and constitutionly sisters right .when sister ask for share she is culprit when brothers grab money CHALATA HAI.this kind of mentality must change now

Paresh Deshpande
Paresh Deshpande
Reply to  SONIA BAJAJ
11 years ago

Yes.You are true saying that love,care & affection should be from both the side and same applies to brothers too.
I just responded to the headline query :Why Women don’t ask for their Share in Inherited Property and Wealth? .
If post headline would have : Why men don’t offer women share in inherited property : then response may be different.

Reshma
Reshma
11 years ago

Hi , this is reshma from Bangalore . I have a concern , if you can suggest on the same . My mom was married to my dad after his first wife passed away . From his first wife , he had 7 daughters and from
My mom he had 5 . So we are 12 of us . My mom n dad was together for 22 years when he passed away in 2001. Only 3 daughters were married till then. My mom is a school teacher and alone she had to take care of 9 kids.so, she had to sell property in the name of my dad to manage our bread and butter. In due course she got power of attorney from
Notary for 3 married daughters. And we’re selling property as and when required to take care of 9 kids. Now 9 daughters are married and only 1 left. My questions are
1. Did she had the rights to sell the property to take care of kids?
2. Now married sisters whose power of attorney is signed is coming back for share in property? Is that applicable?
3 . Whose right will be on ancestral house of my dad which is on his mothers name?
4. The division of property if claimed in court would be on the left property or all property which is sold as well?
5. Who all can claim a share in property , those whose power of attorney is signed as well?

Santanu
Santanu
11 years ago

Simply awesome Manish. This is such a common practice in our society. Specially liked the last paragraph. I think women should raise their voice and claim their right.

Arunima
Arunima
11 years ago

Reading all the comments on your article, I lay below my observations

1. I completely agree with equal inheritance among children be it male or female
2. I fail to understand that in this century also when girls are equally qualified and financially competent, why parents treat her as a burden and arrange for a hefty dowry; which few commentors state a reason for unequal inheritance or inheritance biased among male.
3. As a women, you are expected to know your rights as well as duties towards your family.Ignorance is not a excuse.

naveen kumar
naveen kumar
11 years ago

Yes, sharing wealth among siblings is fare..

These points need to get validated:

1)women should get equal share even in cases where father and brothers incur huge debt due to marriage and dowry expenditure

2)women should be able to take care of parents till their end on equal proportion..

3)women should share their husband’s wealth with their sister-in-laws

4)should be able to save own brothers or father’s financials if they go bankrupt due to non repayment of debt done for their marriages…

now, how many women come forward to accept these conditions…

naveen kumar
naveen kumar
Reply to  Jagoinvestor
11 years ago

If there is no provision in law for point no 2 & 4, Can we say it is unbiased law? if not should we automatically get boosted morally to follow this type of biased law?