If my father wants to divide his single property between me and my married sister after his death, what is the best option. Currently property is in his name and 2nd name is mine. He wants to give 25% stake to sister.
1) Should he add her name now in this? How would the share be defined? Would stamp duty and registration be involved? How to calculate?
2) Can he do this in his will? Will stamp duty be payable at that time also?