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Aditya Panikkar (Apprentice)     05 April 2021

Gift deed

1. If the Gift Deed is executed wherein moveable assets are gifted to the DONEE and if something happens to the DONOR prior to execution and/or preparing the WILL by the DONOR, then will the Gift Deed be questioned? Is it necessary to mention all the moveable assets in the WILL (including the ones that the DONOR has already gifted via the Gift Deed to the DONEE)?
 

2. Can FD's that are yet to attain maturity,  be gifted to the DONEE via the Gift Deed?

3. Assuming if all the bank details are not mentioned in the WILL and if the heir come to know that there are some more bank accounts which have not been mentioned in the WILL and if the DONEE produces the Gift Deed which shows that the bank accounts which are missing in the WILL have already been gifted via the Gift Deed, then, can the Gift Deed be challenged by the Heir?

 



Learning

 1 Replies

Sankaranarayanan (Advocate)     01 May 2021

Your query is half -bagged . Better to seeking advise from a local lawyer with the support of relavant details.  .Yes it can be challenged by other legalheirs its their rights


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