My Wife is planning to put a false DV/ Dowry case against to grab my property.
Because of this I would like to transfer my house to my Mother/Father/Sister. With this I hope to save my property.
Is this possible to gift to my parents and avoid my wife from taking away property. (Currently all of us are staying in the same property, Me, My Parents, My Wife and a kid).
Who will be a better person to transfer my property to ? Parents / Sister ?
What is the overall cost for this ? Gift tax, Registration fees , Stamp duty etc. The property is in Bangalore and worth ~50L
Kindly Advice if this is doable and if so what is the procedure. Once I know it in brief I'll work with
the legal expert