What exactly is ancestral property?

Ancestral property is defined as any property inherited from a father, paternal grandpa, or great-grandfather. Furthermore, with a few revisions to the Hindu Succession Act of 1956, a property inherited by a son is no longer considered ancestral property, but rather a self-acquired property. As a result, the Supreme Court has excluded various properties from the definition of “ancestral property,” such as those inherited from a mother, grandmother, uncle, or even a sibling. Furthermore, property inherited by Will or Gift Deed is not designated as ancestral property.… Read more