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My father died 4 yrs back without will. Now , all self acquired properties of my father got divided
25-Jun-2023 (In Property Law)
My father died 4 yrs back without will. Now , all self acquired properties of my father got divided 1/3. But, i don't want property because of some disputes with my wife. I also didn't have any children. Can i make gift deed to my mother's name?
Yes! You’re free to make this move. Execute a gift deed in favour of your mother and by this move, all the self acquired properties which you have inherited from your father, will pass on to your mother.
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The Income Tax Act defines a relative as a person who is a family member. 4. Create a gift deed that is legally binding and register it. Mention the same in your property documents.
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Adv. Chikirsha Mohanty
Delhi | 200+ AnswersCONTACT NOW
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