Family Property Settlement Agreements for NRI Dispute Resolution
Introduction Ancestral property distribution has historically caused conflict in every family. Matters are brought before the court when they become out of hand. Everyone desires an equitable portion of the family estate, but if your inalienable rights are violated, you have legal options to pursue. Even though they reside overseas, NRIs are still entitled to an equal portion of their ancestral homes. Relatives who reside in India, however, frequently attempt to usurp the legitimate claims of non-resident aliens. Taking the issue to court and waiting for the judge to rule in your favour is one way to settle family property conflicts. Engaging in a family settlement is another way for NRIs to settle property problems amongst themselves without resorting to a protracted judicial struggle. Agreement for Family Settlement In order to peacefully resolve disagreements about who owns, divides, or manages family properties or assets, family members may enter into a legally binding agreem...