My Father has made a gift settlement in favor of his brother.can we claim over that property when we children are there how can a gift settlement be made in brothers name when he has a family.
Subhash (Engineer) 05 June 2013
My Father has made a gift settlement in favor of his brother.can we claim over that property when we children are there how can a gift settlement be made in brothers name when he has a family.
Adv Archana Deshmukh (Practicing Advocate) 05 June 2013
If it is the self acquired property of your father, then you cannot do anything. He can dispose it in the way he likes, the children cannot object. However, if it is the ancestral property then, you can challange the gift deed and obtain your share.
kavksatyanarayana (subregistrar/supdt.(retired)) 05 June 2013
well said by A.Archana ji