Inhertitance

Basics of Islamic Inheritance Law

Significance of distributing the inheritance soon after the death of family member

 Significance of distributing the inheritance soon after the death of family member.

Creating a Will – allocating to other than children, spouse, parents

Upto and no more than 1/3rd of one’s wealth can be allocated in the will to others (other than children, spouse, parents).

Whilst alive – all the wealth can be given away as a gift to anyone one likes.

If someone allocates >1/3rd in the will and then dies before actually handing over the wealth then only 1/3rd should give given to others. The 2/3rd should be distributed between children, spouse and parents as per shariyat

Applying law of the land for Inheritance

Can the law of the land be followed in inheritance if all parties agree?

Can you give your wealth away as a gift in your lifetime?

Inheritance or gift? Can one donate the wealth during life?