Difference between gift deed and will

Q: What is the difference between gift deed and will?

Soundarya G S, Bangalore

27th September 2011

Other in Bangalore

gift deed

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Replies (4)

My Dad is having a plot and he want to give it to my brother. Which is better: A will or a gift deed?

Hemraj Jha, Bangalore

22nd June 2015

Comment

In gift deep ownership transfer Immediately but in WILL it will be transferred after your death.

Rakesh, Bangalore

22nd June 2015

When was it happen? was there any witnesses at the time of making gift if it had not been registered? Reply immediately.THANKS.

Saikat Majumder,

13th March 2013

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HI SIR, MY WIDOW AUNTY GIFTED HER PROPERTY TO HER BROTHER THAT IS MY FATHER,FATHER GIFTED TO ME,WHICH THE PROPERTY WAS PURCHASED FROM THE LANDLORD,AFTER MY AUNTY DIED MY AUNTY HUSBAND SISTER SON FIGHTING FOR THE PROPERTY, WITHOUT HAVING ANY DOCUMENT THAT PROPERTY BELONGS TO THEIR ANCENTRAL.SIR PLEASE I AM WAITING FOR YOUR REPLY.THANKS. DOM

DAMASCENO PEREIRA, Goa

5th April 2012

Comment

Gift deed is the transfer of movable or immovable property by one person called the donor, to another, called the donee. The gift deed has to be registered to make it valid by paying stamp duty and registration fees. A will is a personal document in which one mentions clear disposition of one’s property to his legal heirs after his death.If there is no will and a person dies then his property will be inherited by legal heirs in accordance with the laws of inheritance.

Rakesh, Bangalore

27th September 2011

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