• Mon - Fri: 10:00 - 17:00
  • Call us at: 8452833357

Gift Deeds

Want to transfer certain assets without detailing them in a will?

Use gift deeds as a cost-effective solution for certain asset distribution issues.

Do I need a gift deed?

A gift deed has certain taxation implications. For example:

  • The value of all the gifts received by a person during a year is fully exempt, as long as the total of such gifts does not exceed Rs 50,000 in a year
  • The gift of any asset made to certain specified relatives, is fully exempt from tax in the hand of the recipient, without any upper limit
  • You can gift anything from property to other valuable assets. A gift deed is a valuable estate planning tool and should be used efficiently to reap its full advantage.

Yes! I would like WillEffect’s help to efficiently utilize gift deeds.

Why WillEffect?
Since 1948 our parent company has been helping premier business houses and families find efficient financial solutions.
Get the advantage of bespoke, comprehensive solutions tailor-made to YOUR unique family and financial needs.
Get the advantage of our full-service range catering to every estate planning need from Wills to trusts, professional executorship, Power of Attorney and much, much more.
Get the advantage of dedicated team of experienced lawyers, chartered accountants and estate and trust practitioners.
Enquire Now!