Muslim personal law levies limits on estate bequeathing
While Muslim law does recognise the distinction between corpus of the property (ayn) and the usufruct (manafi), over the corpus of the property, the law permits only absolute dominion over the corpus of the property through gift (made during the life time or under a Will), but permits a life estate in the usufruct
I am a Sunni Muslim senior citizen, and was married according to Muslim personal law. My wife and I want to retain the assets with us during our lifetime. After the demise of either of us, we want all the assets to go to the surviving spouse, and after the demise of both, the assets should get divided equally between our two daughters, our only children. Please advise if there is any way we can ensure this.