Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Transfer wife property

Querist : Anonymous (Querist) 31 May 2011 This query is : Resolved 
Sir,
My wife owned the property (more than one) her name but i funded for the propertes.

I do not want to trasfer in my name.
I am thinking for future.I have one son & one daughter.
I do not want to share the propert with my daughter after the wife died. I want to keep my own control without trasfer the property my name in future incase my wife died.

Please advise what documents I have prepared for avoiding future sharing with my daughter.

umesh
M.Sheik Mohammed Ali (Expert) 31 May 2011
the owner of the property make either will or gift to the minor child and register, when you written the document you must mentioned the exactly to whom to send the property and possession.
bhagwat patil (Expert) 31 May 2011
Ask your wife to register a will in favor of your son.
Devajyoti Barman (Expert) 31 May 2011
Unless you are declared to be the owner of the property under Benami Transaction Act, you could do nothing about it.
It is your wife who would take all the decisions to dispose of transfer the same to any one she wishes.
Guest (Expert) 31 May 2011
Please don't mind my query. Your question has caused a strange feeling in me as to how you have come to the conclusion that you can guarantee as if your wife would definitely die before you, as you have stated that you want to keep the property under your own control after her death? Anyone can die before the other spouse, as the age difference may not be much and even nobody can guarantee about his own life as compared to the other one's.

Anyway, get the will of your wife prepared and registered in your son's name, so that the property ownership may pass to your son. But even in that event, you would not be able to keep the property in your own control, as your son would be able to dispose of the property in any manner after the death of your wife, even without your consent, if will is made in his name.

Will in your favour may however, make you the owner of the property after her death to which you can dispose of as you would like thereafter only.
M/s. Y-not legal services (Expert) 31 May 2011
Nice mr.dhingra,. What a father he is.. What a husband he is.. Mr.anonymus your wife and childrens have to feel shame for you. Just go and try to change your mentality.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :