Ahmedabad: An 85-year-old man has approached the Gujarat high court for the cancellation of a deed by which he gifted his ...
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Are There Tax Consequences for Being Added to a Deed?By adding another person to a deed, you are essentially gifting them a portion of the property’s value, which may trigger the gift tax ... you determine how much house you can afford.
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 ...
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