Adoption
gopalji sahay
(Querist) 20 October 2013
This query is : Resolved
A has been living with his stranger denoted 'B' like a adopted son since his childhood but no adoption deed created. after attaining his majority he purchased some immovable property in the name of B. B has also many immovable property by his own efforts. Now, B is very old and intend to give entire properties purchased by him. Can B create a deed of adoption to succeed his entire property after death or what best mode of transfer the property to A in which A could not avail huge stamp duty will be better ? Suggest with SC or HC decisions.
ajay sethi
(Expert) 20 October 2013
B can make a will in favour of A . mention that A has taken care of him for many years like a son and out of love and affection desires to bequeath his property in favour of A .
in alternative B can gift some of immoveable property to A during his life time . itattracts only 2%stamp duty on market value of property
ajay sethi
(Expert) 20 October 2013
we dont provide citations serach in indian kanoon website for judgments
Devajyoti Barman
(Expert) 20 October 2013
Yes Will is better option to avoid stamp duty.
We do not provide judicial decisions.
R.K Nanda
(Expert) 20 October 2013
agree with experts.
prabhakar singh
(Expert) 20 October 2013
There is no need to peep in any decision.
No adoption deed now possible.
The best course is to execute a duty free registered WILL as everybody has legal
right to testate his succession under the
Indian Succession Act, 1925 ignoring inheritance laws.
Ms.Nirmala P.Rao
(Expert) 21 October 2013
a DULY EXECUTED DEED of adoption as per law is required for proving adoption during the lifetimes of both biological and adopted parent etc as per the law OF ADOPTION IN India in order to enjoy all legal rights accruing from the adoption.
