The Madras High Court has ruled that senior citizens can cancel gift or settlement deeds executed in favor of their children ...

If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for ...

In a landmark judgment, the Madras High Court has ruled that senior citizens are entitled to revoke gift deeds if their children fail to take care of them, even in the absence of an express condition ...

Unlike a Will, the Gift Deed is effective immediately on execution. In contrast the Will comes into force only on death of the testator. Both methods exist to help you pass on your assets ...

and factual inferences can be drawn based on the nature of the Settlement or Gift Deed executed. The circumstances under which the property was transferred were also to be taken into consideration.