Gift deed/ will

vaishali jagtap (Querist) 07 June 2013 This query is : Resolved
Good Morning Experts,

My mother wants to gift one property to me by making gift deed.Cost of property is Rs 10 lac. For this what will be all govt charges,like stamp duty,registration etc.
(Thane- Ambernath)

Can she give me this property by will(vasiyatnama)? If yes then what will be the govt charges to be paid for will?

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Adv Archana Deshmukh (Expert) 07 June 2013
There is no stamp duty or govt charges required to be paid for the execution of a Will.

Raj Kumar Makkad (Expert) 07 June 2013
The stamp duty differs from State to State so better to get this information locally if gift deed is to be got executed and registered but no stamp duty is applicable for will.

R.K Nanda (Expert) 08 June 2013
go for will.

Phani Kumar. D (Expert) 10 June 2013
Get will effect from the date of execution and acceptance. Will come into force after the death executor.

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