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sriram   25 March 2016

Will / settlement

Dear Users,

pls advise on the below clarification ,

My grandmothers is planning to buy a property and feels the property to reach her son . She had done her best to her daughter and hence the decision. Due to the nature of my grandmothers SonInLaw she feels her daughter would be forced to claim the property and feels the property should be completely owned by her son.

1. During the process , can her daughter claim rights on the property that has been bought on grandmother name. Can a will / settlemt be executed post registration and will it be strong to defend any case being raised by her daughter.

2. A constrain here is that since the property is bought from Capital Gain amount it needs to be subjects to Income tax submission. So can a settlement/will be executed in her Son name before I.T submission

3. How to ensure the property reaches son w.o any problem.

 

Pls advise.

 

Regards.

Sri



Learning

 1 Replies

saravanan s (legal advisor)     25 March 2016

She can write a will on her sons name.if she wants to give it to her son while she is alive then she can gift it to him

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