HI
We are 3 brothers, as per our understanding with our father, our father wants to gift one of the property - flat to me.
1 option is have will but to what i know Will can be challaged any time also it can be changed anytime till my father is alive. Can i Will registered and also get in writting from m brothers that they dont have any % is property and they will never claim any part of it
2nd option is to have gift deed. I would like to know what is the % to be paid as Transfer fee or it can be done on Rs500 Stamp paper as its within blood relation. Also in gift deed can we mention some % of property to remain with my mother still she is alive and after that it automaticallys gets transfered to my name just to make sure she and my father is safe and will also give them peace of mind.