DEED OF VESTING ASSENT

DEED OF VESTING ASSENT

When a loved one dies, grief is hard enough.

Losing an inheritance intended for you because the law was not properly followed makes it even harder.

Many people believe that once a Will has been read, the beneficiaries automatically become the legal owners of inherited property. That is not correct.

The law requires another step before ownership can legally pass to the beneficiary. That step is the drafting of a Deed of Vesting Assent.

A Deed of Vesting Assent is a legal document with which the Executor/ Administrator of a Will transfers ownership of a late person’s property to the beneficiary named in the Will.

The document gives legal effect to the transfer and ensures the beneficiary’s ownership is legally recognized.

Without a proper Deed of Vesting Assent, a beneficiary may encounter issues in registering his ownership, selling the property, obtaining financing or proving ownership.

If not well handled, an inheritance can become a frustrating legal challenge.

Preparing this document requires legal help and strict compliance with the law, as a mistake can create disputes or complicate the transfer of property.

So never assume that inheriting property ends with the reading of a Will.

Apex Chambers advises that a good Property and Business Lawyer will ensure your inheritance is transferred lawfully, your rights are protected and your loved one’s final wishes are fully honoured.

__________________
APEX CHAMBERS, Law Firm of Property/Real Estate and Business/Corporate/Commercial Lawyers, Attorneys, Barristers, Solicitors, Advocates, Counsel and Legal Practitioners rendering legal services, Legal Consultants and Notary Public with Law Office in Port Harcourt, Rivers State, Nigeria

Phone: +234(0)7030868694 (Calls and Whatsapp)
Email: info@apexchambersglobal.com
Website: www.apexchambersglobal.com