Legal Question in Real Estate Law in India
For the safe of my kid, I would like to change the property which in my husband's name to my name or to my baby's name (she is minor). Which one is good for the benefit of my baby. If the property is with my husbands name, in future, there is a possibility that my mother-in-law will get the share of my husbands property and give it to her daughter. But my husband and myself are purchasing the property for the future of the baby. As we are aged and my baby too small now, we are doing this for the benefit of my baby for her future. Please suggest that what is the procedure to change the property with lowest cost and which one is best, changing to name or to my baby's name
2 Answers from Attorneys
your mother in law can claim the property only after the demise of her son and that also if he dies without leaving a will in your or his daughter's favour. it seems you too stressed out. even if your husband transfers the property in your name or in the name of his daughter under your guardianship, still in the above situation the dispute may arise. is your husband suffering from any serious illness that you thinking in extremes.
A registered gift deed for immediate transfer.
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