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Can single gift settlement deed can have multiple donee's name


20-Nov-2023 (In Wills / Trusts Law)
Kindly let me know whether single gift settlement deed can have multiple donee's name with each having separate schedule of immovable properties.
Answers (1)

Answer #1
512 votes
Yes, single gift settlement deed can have multiple donee's name

A Gift Deed is a legal document that describes voluntary transfer of gift from donor (owner of property) to donee (receiver of gift) without any exchange of money. The donor must be solvent and should not use this tool for tax evasion and illegal gains

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