What is a Gift Deed & How is it Different from a Will?” 📜👪 🗣️ Client Question: "Sir, I want to transfer my property to my daughter. Should I write a Will or execute a Gift Deed?" ✅ Answer: Great question! 🧐 A Gift Deed is a legal document that allows you to transfer ownership of a property or asset to someone out of love and affection — during your lifetime 💝. A Will , on the other hand, takes effect only after your demise ☠️⚖️. 👉 Key Differences – Gift Deed vs Will: ✔️ Gift Deed = Immediate transfer ✅ ✔️ Will = Future transfer after death ⏳ ✔️ Gift Deed requires registration 🖊️ ✔️ Will registration is optional (but advisable) 🗂️ ✔️ Gift Deed cannot be revoked easily ❌ ✔️ Will can be changed anytime 🌀 💡 Benefits of a Gift Deed: No confusion in succession ✅ Legally stronger and immediately effective 💪 Saves future family disputes 🫂 Ideal for parents gifting property to children 🏡 ✨#GiftDeed #WillVsGiftDeed #PropertyTransferIndia #Estate...
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