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P sarkar (engineer)     21 July 2013

Conditional gift

Dear Experts,


A mother wish to transfer a portion of land & building which belongs to her to her daughter on the event of her(mother's) death.

The mother shall enjoy full right over the property during lifetime, after her demise the property shall belongs to the daughter.

Can a gift deed be executed for this matter?

As actual gift is not happening during the lifetime of the mother.

Thanks in advance.



Learning

 2 Replies

Advocate Rohit (Advocate)     21 July 2013

then it is advisable to have a will. 

 

Regards,

Advocate Rohit Dalmia

9324538481

Mumbai

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 )     21 July 2013

A WILL is a document in which a person specifies the method to be applied in the management and distribution of her estate after her death.


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