Gifts from Maternal Side
This query is : Resolved
14 June 2008
MY MATERNAL GRAND FATHER WANTS TO GIFT ME A CERTAIN X AMOUNT. CURRENTLY HE IS HOLDING THE AMOUNT IN THE BANK FIXED DEPOSIT, WHICH STATES HIS NAME FIRST, SECOND MY NAME. HE HAS ALSO MADE A WILL THAT THESE AMOUNTS SHOULD BE GIVEN TO ME. IS THERE ANY THING WHICH CAN BE DONE TO SECURE THIS MORE FROM ANY FURTHER CLAIMING BY HIS OWN SON ?
HE HAS ALSO SIGNED LETTER STATING THIS THESE ALL SHOULD BE CONSIDERED AS GIFTS FROM MY SIDE AND NO ONE HAS ANY CLAIM OR RIGHT ON THIS.
ALTHOUGH I HAVE ALSO MADE A GIFT DEED OF THE SAME TOO. BUT I FEEL THAT THIS IS CONTRARY, AS CURRENTLY THE AMOUNTS ARE NOT GIFTED, IT WILL BE AS PER THE WILL. SO DOES THE GIFT DEED STANDS VOID ? IS MAKING THE GIFT DEED ALSO WISE ?
MY QUESTION IS : IS THERE ANY MORE DOCUMENTATION REQUIRED RATHER THAN A WILL ?
IS THIS MUCH EVIDENCE ENOUGH IN MY FAVOUR TO GET THE DEPOSITS AFTER HIS DEMISE ?
I LOOK FORWARD TO YOUR EXPERT REPLY.
HE HAS ALSO SIGNED LETTER STATING THIS THESE ALL SHOULD BE CONSIDERED AS GIFTS FROM MY SIDE AND NO ONE HAS ANY CLAIM OR RIGHT ON THIS.
ALTHOUGH I HAVE ALSO MADE A GIFT DEED OF THE SAME TOO. BUT I FEEL THAT THIS IS CONTRARY, AS CURRENTLY THE AMOUNTS ARE NOT GIFTED, IT WILL BE AS PER THE WILL. SO DOES THE GIFT DEED STANDS VOID ? IS MAKING THE GIFT DEED ALSO WISE ?
MY QUESTION IS : IS THERE ANY MORE DOCUMENTATION REQUIRED RATHER THAN A WILL ?
IS THIS MUCH EVIDENCE ENOUGH IN MY FAVOUR TO GET THE DEPOSITS AFTER HIS DEMISE ?
I LOOK FORWARD TO YOUR EXPERT REPLY.
05 April 2012
The will is enough.
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