Arjun (Self) 30 October 2018

Can I gift or WILL

My husband owned a flat in his solo name which he had purchased on his own money 20 years ago. He died without any WILL. We have 2 adult children aged 45. I understand that me and my children each inherit 1/3rd of the flat. Now can I further gift my 1/3rd of the flat to any one child ? Am I prohibited by this gift because of the rule of self acquired property vs inherited property ? Someone told me I cannot gift . They said both my children and even grandchildren etc all have rights in my share. Please help with some knowledge

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Suri.Sravan Kumar (senior) 30 October 2018

The falt is the self acquired property of your husband as such you and your children will have equal share. You can relinquish your right by way of reinquishment Deed in favour of any of your child.or else you can write/execute WILL transfering your share to any of your child after your demise.

Shashi Dhara 30 October 2018

U get 1/3share. U r absolute owner u haveright to will or gift the property asper Ur wishes to any one.ur children or grand children has norights towards Ur share.