Stamp paper for will

A will need not be written on a stamp paper.

Hi,

Can any one please advise the difference between a GIFT DEED and Transfer Deed?  If such deed happens in Punjab?

What could be the difference in terms of stamp duty payments or other registration fees involved in each case?

Can the gift deed be executed by paying less money in comparasion of executing transfer deed?

Can a transfer deed be considered as gift deed by any reason? 

If any one execute a transfer deed (say father in favour of his daughter in Punjab) and don't pay relevant stamp duty but at a later stage he tries to excuse it as a gift deed because it attracts lesser stamp duty, will the court accept it?

If at any stage the advocate engaged by the petitioner (objecting sale or transfer deed) describes this deed as gift deed under illegal influence or by any reason even sabotage, Will the court accept this transaction as gift deed while its executed as transfer deed.

Please advise.

Best regards & Thanks very much?

A wiil does not require any stamp duty to be paid for the same. It ca n be on plain paper and registration of will is also optionable. But one shal register the will to avoid further disputes regarding th author of signature on it.

1. Notarized WILL, will do so as there is no dispute about person who authored it.
2. Can close relatives of beneficiaries be witness in the will
3. Can one of the beneficiaries be the executers. 

1. Notarized WILL, will do so as there is no dispute about person who authored it.
2. Can close relatives of beneficiaries be witness in the will
3. Can one of the beneficiaries be the executers. 

1. Two witnesses are required whether Notary or otherwise.

2. Beneficiaries cannot be witnesses.

3. One of the beneficiaries can be named executor of the will.