Hi ,
I live in Goa and am aware that the Civil code applies to property assets made under a Will.
I would like your opinion on whether this Civil Code also applies to property assets made under a Gift Deed?
The situation is as follows: My mother has made a Gift Deed in which she has allocated 100% of a property asset ( she has 100% as my deceased father Willed his half share to her) to one of her 7 children....can she do this or can she only Gift a maximun of 50% to this one child.?
There is an additional family home in which she she has half the asset and my deceased father has Willed his half equally to all 7 children. My mother wishes to Will her entire share to this same child she had made the Gift Deed of the first property to .
Can my mother do this under the Civil Code?.....I believe she cannot, as my understanding is that she can only Will/Gift a maximum of 50% of her share in both properties.....can you confirm if my understanding is correct?....
Thanks so much for your opinion in advance.