Dear Readers,
My grandfather had created a Settlement deed for a property in name of GrandMother , My Father and my father brother (3 people) . MyGrandmother wants to give the proprty into 50:50 ration to both her sons. My grandfather;s settlement deed does not mention information on the share each person will hold. (i.e Has not subdivided the property for the 3 persons and mentioned that propertty as whole with 3 shares).
So from my GrandMothers view is it better to write a Will or to do a Gift or is there any other way (write s settletment deed for my G.Mother).
Also she fells that she had done her best to her daughers and doesn want them to create a issue in her share defined in the Settlement deed created by my grand father.
Pls suggest your viewws.
Regards,
Sriram