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RELEASE OF A LIFE INTEREST CREATED UNDER THE WILL
The Releasor has limited life interest in the immovable property created under the Will of the deceased. By this Deed the Releasor is giving up his/her said life interest in favour of the Releasee making Releasee the absolute owner of the property.
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DECLARATION OF TRUST CREATED UNDER THE WILL OF THE DECEASED
The deceased had made a Will under which he has created a private trust which needs to be brought in force by the Executors/Trustees appointed under the Will. This is the precedent of declaration of trust created under the Will of the deceased.
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