Advocate for Letter of Administration at affordabl...

Advocate for Letter of Administration at affordable and reasonable rates in Andheri East near Metropolitan Magistrate Court LETTER OF ADMINISTRATION MEANING • Letters of administration are issued by the Competent Probate Court to appoint suitable persons to administrate the property of a deceased person. Letter of administration for deceased estates is granted to dispose of the asset of a person who has died without a Will or in respect of assets that does not cover in same. SITUATIONS IN WHICH LOA IS GRANTED/ WHEN TO APPLY FOR LETTERS OF ADMINISTRATION: When – • No Executor has been appointed in WILL. • Executor appointed is legally not capable. • Executor appointed refuses to act. • Executor died before probate of WILL. • Executor died before the testator. • WILL is proved/probate granted but executor died immediately after that. In above situation letters of administration with will annexed may be granted by the competent court. LETTER OF ADMINISTRATION IN MUMBAI Application for letters of administration in mumbai is possible in case of Property is in Mumbai jurisdiction and the said property is having a value less than 10 lacs and Letter of administration is required to be applied Before The Administrator General, Maharashtra State, Mumbai. In case of Property is in Mumbai jurisdiction and the said property is having more than 10 lacs then a Letter of administration is required to be applied within the local limits of the ordinary original civil jurisdiction of the High Courts of Judicature, Mumbai. letter of administration in mumbai and out of Mumbai it is done in form of Succession certificate. If the property is in Mumbai you have to get letter of administration in mumbai and if out of Mumbai then Succession certifcate. . DOCUMENTS NEEDED FOR LETTER OF ADMINISTRATION : Following documents are required while applying for letters of administration. 1. Original Death Certificate of deceased and PAN and AADHAR if available. It’s advisable to keep a certified copy of the original death certificate at the time of filing in the court 2. PAN and AADHAR of all the descendants. 3. Passport size Photos of all the descendants. 4. Ration card copy of the deceased. 5. Original WILL (In case available) PROCEDURE FOR LETTER OF ADMINISTRATION : 1. Compilation of the above documents. 2. Drafting of Petition for letter of administration for immovable property. 3. Filing of the Petition. 4. Removing objections if any. 5. Hearing before court. 6. Judgement. LETTER OF ADMINISTRATION COURT FEES – The cost of obtaining letters of administration depends on the following factors- letter of administration court fees wil be 5% of the total market value of the estate you are claiming or maximum – Rs. 75, 000/-. There is the capping of Rs. 75, 000/- . Please note that letter of administration for immovable property court fees will be different as per respective state laws. HOW LONG DOES IT TAKE TO GET A LETTER OF ADMINISTRATION OF ESTATE- Generally, it takes 6 to 8 months to get a letter of administration. In case of objections raised in respect of documents produced for LOA, it may take more than 6 months. #Documentation #Will# Gift Deed#Consent Terms#Term sheet# Agreements #Court appearances#Corporate Advisory Services#Retainers