Procedure for Dividing Ancestral Property

Ancestral property refers to the assets that have been passed down through generations, typically preserved by one's grandfather or great-grandfather. If no settlement or will has been created by them, the property becomes ancestral.

How to Divide Ancestral Property?

1. Division of Ancestral Property: 

Ancestral property can include both movable and immovable assets that were acquired and preserved over generations. The owner can allocate these assets to anyone at any time. However, if the property is not properly maintained or allocated, it will remain ancestral.

2. If the Property Comes to You: 

According to the Hindu Succession Act, ancestral property will pass to the first line of heirs if no will or settlement has been made.

3. When There Are Multiple Heirs:

 If there are three or four heirs, the property needs to be partitioned. During this partition, the property should be divided equally among the heirs. Each share should be converted into a separate Patta (ownership document).

4. For Heirs Not Wanting a Share: 

Those who do not want their share must execute a release deed. The property that is partitioned and allocated can then be gifted or sold to others. This portion of the property will be considered self-acquired property.

By following these steps, the division and subsequent management of ancestral property can be carried out in an orderly and legal manner.