Transfer

Querist : Anonymous (Querist) 23 March 2011 This query is : Resolved
dear all experts,

i want to clear some doubt, if a married man having a property (whether it may be ancestral property or self earned property)now my question is

1. if the married man can his property transfer through will to some one, to follow any rules and it must be register?

2. if the married man can his property transfer to gift some one ? can you give to some one ? is it must be register.

kindly explain me.

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Guest (Expert) 23 March 2011
if you want take effect of the benefit of the property immediately executed a registered gift deed to your relative and lavable ones.
If you want to do it latter execute a registered will deed. But the will come into effect after your death. You can cancel it at any point of time in you lifetime.
But gift is cannot be cancelled.

Guest (Expert) 23 March 2011
will is always comes into force after the death of the executor and the gift deed is effective just after the mutation. so will and gift deed both must be registered to avoid the litigation.

Devajyoti Barman (Expert) 23 March 2011
Yes he can do both or any of the two. For the first thing registration is optional but for the second thing registration is mandatory.

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