Legal Heirship Certificate vs Succession Certificate

Legal heirship certificate vs succession certificate: learn which document you need, who can apply, and how to begin. Read Truelegacy's clear guide now.

Without proper documentation, the process of inheriting property and assetsafter the death of a loved one can be complex and intimidating.

Legal heirship and succession certificates play a crucial role in establishing one’s entitlement to the assets of a deceased person.

These certificates are crucial in recognizing rightful heirs and empowering successors.

The Indian Succession Act, 1925, establishes the legal heirship and succession certificates for the purpose of transferring the assets of a deceased person, whether they are movable or immovable, to the concerned legal heirs.

What is a legal heirship certificate?.

A legal heirship certificate is a document issued to identify the surviving family members or heirs of a deceased person.

An heirship certificate is used to claim the assets and other resources of a deceased person.

What is a succession certificate?.

A succession certificate is a document granted to the heirs of a deceased person who dies without a Will, providing them the rights to inherit the assets and other resources.

Key differences: Legal Heirship Certificate Vs Succession Certificate.

The main difference between these two certificates is that the heirship certificate covers both movable and immovable properties and utilities, whereas a succession certificate is limited to movable assets.

The other notable differences between inheritance and successioncertificates are given below: Definition Legal Heirship Certificate: The certificate confirms the legal heirs of a deceased person, along with their relationship shared with the deceased.

Succession Certificate: Granted to the legal heirs of a deceased person, certifying their rights to inherit the deceased person’s debts, securities, and other movable properties.

Issuing Authority Legal Heirship Certificate: Issued by the local revenue department, municipal corporation, or other local authority.

Succession Certificate: Court issued document.

Use Legal Heirship Certificate: Often act as a substitute for the succession certificate.

Succession Certificate: Often applied when the legal heirship certificate is not accepted.

Legal Recognition Legal Heirship Certificate: Serves as evidence of who all are the legal heirs of the deceased.

Succession Certificate: Facilitates the transfer of movable assets from the deceased person’s name to the rightful heirs.

Scope Legal Heirship Certificate: Required for claiming insurance benefits, pension, provident fund, gratuity, etc.

Succession Certificate: Enables the legal heirs to claim, transfer, and manage the deceased person’s movable assets such as bank deposits, shares, mutual funds, and debts.

Property Transfer Legal Heirship Certificate: Facilitates the transfer of property titles, electricity, water, and telephonic connections, and other utilities in the name of legal heirs.

Succession Certificate: Legal documents to settle outstanding debts, loans, and liabilities of the deceased person.

Access & Security Legal Heirship Certificate: Essential for accessing bank accounts, safety lockers, and other financial assets of the deceased person.