A will allows individuals to specify the distribution of various properties and assets. Some examples include:
- Properties/assets with filed nominations.
- Immovable assets/property like, land/building, shop, office etc.
- Leasehold rights are allowed to be bequeathed in a will.
- Ancestral properties with legally transferred ownership.
- Ownership in a proprietor firm, shares in a company, or share in a partnership firm (subject to conditions).
- Share in a Hindu Undivided Family.
- Properties in foreign countries (subject to foreign laws).
- Personal belongings such as pets, paintings, antiques, electronic items, and intellectual property.
- Descendants' personal wealth, movable and immovable properties, receivables, and liabilities/loans.
These assets encompass both tangible and intangible items, ensuring comprehensive distribution according to the testator's wishes.