Succession Certificate in Chennai: A Guide by Share Claimers

 When a loved one passes away, managing their financial assets and liabilities can be overwhelming. In India, a Succession Certificate In Chennai is a critical legal document that allows heirs to claim ownership of a deceased person’s movable assets, such as bank accounts, shares, or bonds. If you’re navigating this process in Chennai, Share Claimers offers expert assistance to simplify and expedite obtaining a Succession Certificate.

What is a Succession Certificate?

A Succession Certificate is issued by a civil court to the legal heirs of a deceased person. It serves as proof of entitlement to inherit the deceased’s movable assets. It is particularly essential when the deceased did not leave behind a will, making it necessary to establish the rightful successors.

Key features of a Succession Certificate include:

Authority to claim movable assets, such as shares, mutual funds, and fixed deposits.

Protection for third parties (e.g., banks or companies) who transfer assets to the certificate holder.

No effect on immovable property (like land or buildings).

How to Obtain a Succession Certificate in Chennai

The process of obtaining a Succession Certificate involves several steps, which can seem daunting. Share Claimers provides guidance to make this process hassle-free:

Filing the Application:

Submit a petition to the District Court in Chennai with jurisdiction over the deceased’s residence.

Include details such as the applicant’s relationship to the deceased, the list of legal heirs, and the deceased’s assets.

Paying the Court Fees:

Court fees in Tamil Nadu are calculated based on the value of the estate, typically around 3% of the total asset value.

Verification Process:

The court issues a notice to all potential heirs and creditors to file objections, if any.

A legal inquiry follows to verify the claims and ensure there are no disputes.

Issuance of Certificate:

If no objections are raised, the court issues the Succession Certificate, granting the applicant the right to manage the assets.

Why Choose Share Claimers?

Navigating the legal intricacies of obtaining a Succession Certificate can be challenging. Share Claimers, with its extensive expertise, provides end-to-end support, ensuring a smooth and efficient process.

Expert Legal Assistance: Experienced professionals handle every step of the application process.

Customized Services: Share Claimers offers tailored solutions based on your specific needs.

Time-Saving: With their streamlined approach, you can avoid delays and unnecessary complications.

Transparent Fees: Clear, upfront pricing ensures no hidden costs.

Common Challenges and Solutions

Lack of Awareness: Many heirs are unaware of the necessity of a Succession Certificate. Share Claimers educates clients about its importance.

Disputes Among Heirs: In case of disagreements, the team mediates to resolve conflicts amicably.

Complex Documentation: Share Claimers assists with preparing and submitting accurate documents, avoiding errors that could delay the process.

Conclusion

The loss of a loved one is a difficult time, and legal procedures should not add to the burden. With Share Claimers, obtaining a Succession Certificate in Chennai becomes a straightforward and manageable process. Their expertise and commitment to client satisfaction make them the ideal partner for securing your rightful inheritance.

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