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What are the rights of gift deed nominee
18-Jun-2023 (In Civil Law)
if my father made a gift deed of 50% of his property on my name and my wife in nominee in the same I and my wife have one small boy. We stay in that house only if my wife or I file for divorce, can she claim the share in that property
As per your query,
If your father gifts you 50% of his share in his property, you become the sole owner of the same. When a gift deed is executed it take effect immediately upon acceptance of the gift. There is no provision for appointing a nominee in the Gift Deed. In case your father has appointed her nominee for rest of the 50% of his property she can definitely claim her right on that 50% other than gifted to you.
Regards
If your father gifts you 50% of his share in his property, you become the sole owner of the same. When a gift deed is executed it take effect immediately upon acceptance of the gift. There is no provision for appointing a nominee in the Gift Deed. In case your father has appointed her nominee for rest of the 50% of his property she can definitely claim her right on that 50% other than gifted to you.
Regards
Helpful?
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Adv. Neelkanth Goswami
Thane | 200+ Answers
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Dear Querist, Yes, if you become the owner, she would definitely ask for share in the property. instead make a will of father so that it becomes a future event and your wife may not able to claim it.
Regards,
Rakesh V. Misar
Regards,
Rakesh V. Misar
Helpful?
41+
41+
Adv. Rakesh Misar
Mumbai | 200+ Answers
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