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kasturi Yogender   10 June 2022

Gift deed vs gift settlement deed

GIFT DEED VS GIFT SETTLEMENT DEED

Gift not accepted during Donor’s life, does this clause apply both to Gift deed and Gift settlement deed.



Quick Summary
This discussion clarifies the distinction between gift deeds and settlement deeds, noting that a 'gift settlement deed' isn't a recognised legal term. It explains how gifts, whether by deed or settlement, are treated if not accepted during the donor's lifetime or if the donee predeceases the donor. The advice also covers conditional gifts and settlements, particularly those becoming operative upon the donor's death, referencing relevant sections of the Transfer of Property Act.

 2 Replies

SHIRISH PAWAR, 7738990900 (Advocate)     10 June 2022

Please state full facts of your case for giving advice.

kasturi Yogender   20 June 2022

Thanks for your time and patience, very informative and elobrate.


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