The passing of legacy of a deceased upon his/ her heirs is governed by various laws in India such as Hindu Succession Act, Indian Succession Act, etc. If a person dies without leaving behind any testamentary WILL, the passing of legacy of deceased is termed as Intestate Succession. In such a case, all the assets of the deceased devolve upon the legal heirs of the deceased equally as per law of inheritance. All the legal heirs become co-owners of the assets of the deceased inherited by them after the death of the deceased. Or there may be a case that the deceased was a joint owner of the assets with a third person. In such a case, all the legal heirs who inherit the property as per law of succession become joint owners with the third person in place of the deceased.