Transfer of property

Querist : Anonymous (Querist) 23 November 2018 This query is : Resolved
My mother wants to name her property a house and shop in my name because my brother can create problems after she dies. I am confused. I dont want the shop in my name right now because I will have to pay tax on rent income which I am not even getting. She will be getting the rent till she is alive. Can you please suggest me a best option right now which makes me inherit her house and shop after she passes away and no contest can happen. I was considering Gift Deed, Will or Co-ownership. Gift Deed again will transfer the property in my name which I dont want right now. Will can be tested and I am not sure about co-ownership. Please advice.

Follow Query

Report Abuse

Isaac Gabriel (Expert) 23 November 2018
Anonymous is not encouraged.

rajeev sharma (Expert) 24 November 2018
Get a will registered in your name

Dr J C Vashista (Expert) 25 November 2018
Registration of a will shall be cheapest/ best option, if it is not an examination hall question paper.

kavksatyanarayana (Expert) 25 November 2018
Is the property of your mother self acquired or ancestral? If ancestral how? There are chances to alter/cancel the registered Will. If you have original documents of your mother, consult local senior Advocate for guidance.

Previous

Next

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

Click here to login now