Lahore Real Estate Forum

                                                          
 
Back to Forum |

Info requested on inheritnace,

(70733)
Monday, February 27, 2012 12:56 AM 

Dear brothers specially solicitors,

May I request fr the following info?

1 A person has died and has left behind old parents,one wife, 2 adult boys and 2 adult girls.What would be asset distribution if asset value is 1 crore consdiering that it is his hard earned money.

2 I would request e mail contact of a solicitor brother as I have some more questions.

Kind Regards
Ali Khan

tzk replied on Monday, February 27, 2012 01:46 AM 

each parent will get 1/6, wife will get 1/8. Remaining will be divided among sons and daughters as following. Sons will get 1/3 each and daughters will get 1/6 each

In your example,
mother will get 1,
father will get 1,666,666.67
wife will get 1,250,000
Each son will get 1,805,555.56
Each Daughter will get 902,777.78

I hope it helps

Ali Khan replied on Monday, February 27, 2012 05:56 AM 

Very kind of you TZK Sahib.

Kind Regards
>