The property is in the district of North 24 Parganas in West Bengal. Value about 30 lakhs. The legal owner is an elderly lady. She is married and her husband is alive. She is the single owner of the subject property. She has 2 daughters. Both married. 1 daughter has no child. the 2nd one has 1 son. Relations ship among all members all the family units are cordial and good. She wants to bequeath her property to one of her 2 sons in law after her death. The family is not in BPL category but poor. The questions are : what will be the most economical but legally sound process by which she can bequeath her property to one of her sons in law? Will? Gift? Family settlement? What are the advantages of the available options? What ere the comparative cost implications of each of the available options?
Regards - Subid Shome