A.
Dear Client,
After the death of your father-in-law, all the legal heirs (i.e. mother-in-law and Children) will have equal share in the property. If the property needs to be completely transferred to your mother-in-law then the children need to execute a gift deed or relinquishment deed in her favor. In the present scenario, the son willing to relinquish his rights and receive 10 lakhs in return may do so by executing a relinquishment deed and mention about the consideration amount taken in lieu of the same. Further, when the property is entirely transferred to your mother-in-law, she can transfer it to your husband by executing a gift deed. However, on her death the property will be inherited by all her legal heirs and your husband being one of the Class I legal heirs under the Hindu Succession Act, is entitled to the property share on priority. If your husband wants to receive the entire property then it is advisable to get a gift deed of the property executed by your mother-in-law with her free consent during her lifetime. If required, you can consult an advocate for advice and assistance.
Hope it helps.
Thank you.
Posted On 20-Apr-2024
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