Inheritance Distribution With A Promise To Pay In Future
1. During the distribution of inheritance, it is necessary to sell the property so that the relevant amounts can be distributed to all the heirs immediately.
2. If not necessary, then is it allowed that one of the major heir keeps the property and promise to pay other heirs in cash in future (with no time limit)?
3. If the answer to Question 2 is “yes” then how other heirs are compensated if the amount due is being paid (for example) after 20 years of inheritance distribution. Because the money has devalued more than 10 times in past 20 years.
4. If similar situations (promise to pay later to avoid the sale of property) arises to a different family today, then, can other heirs demand that their “promised” inheritance money be converted in terms of Gold value? So that at least they do not suffer much because of inflation factor, as they would get the inheritance in Gold whenever the “major heir” pays them their right in future.
Note: Please provide evidences from Qur’an and authentic Hadiths in response wherever necessary
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