What is the Difference Between Inheritance and Succession for NRIs?

Succession in India is the legal process of transferring a deceased person's property, assets, rights, and liabilities to another person. It not only includes determining who will inherit the assets but also the specific portions to which each heir is entitled to receive. It is mainly governed by personal laws in India, depending on an individual's religion, such as Hindu Law, Christian Law, and others. 

Conversely, inheritance in India is the process of receiving the property or assets from a deceased person. It includes transferring the ownership of a property, including movable and immovable assets, rights, and other belongings, to the legal heirs or beneficiaries. It is usually carried out by a will or intestate succession laws. In this blog, we will discuss the difference between inheritance vs succession for NRIs. We will also learn the common challenges faced by NRIs regarding the same.