Agar aap apni property bachchon ko ya relatives ko dena chahte ho, do common options dikhte hain – Gift Deed ya Will. Dono ka effect timing aur control angle se different hai.
Gift Deed:
- Lifetime me execute hota hai,
- Proper registration aur stamp duty needed (specially immovable property),
- Ownership immediately transferee ko chala jata hai,
- Aap later normally gift revoke nahi kar sakte, except limited grounds.
Will:
- Death ke baad effect me aata hai,
- Lifetime me change ya cancel kar sakte ho,
- Stamp duty usually nahi lagti, but some places probate needed,
- Till you’re alive, property legally aapki hi rehti hai.
Agar aapko lifetime control, income, ya stay rights maintain karne hain, toh pure gift risky ho sakta hai – especially jahan family dynamics fragile ho. Wills flexible option dete hain, lekin unpe challenge possibility bhi zyada hoti hai (undue influence, lack of capacity, etc.).
Kabhi-kabhi hybrid structures – life interest + remainder, conditional gifts, ya family settlement deeds – use kiye jate hain. Best approach: tax, stamp, and family relationship sab dekh ke estate planning lawyer se consult karke document choose karna.
