Transfer of self-acquired property




Transfer of self-acquired property: 

Unlike an ancestral property, you are free give your self-acquired property to anyone you wish to. ... The ancestral property will pass on from the father to the son. In case of a self-acquired property, however, the father can transfer the property rights to anyone he wishes to. 


Can you transfer property yourself?

Inheritance and type of property
A property can either be self-acquired by the deceased or acquired through succession as per Hindu succession laws.


Can a self acquired property be gifted?

Any self-acquired property can be bequeathed or gifted to any person according to the wish of the testator or donor without taking consent from anyone. However, the mother and daughters being legal heirs and interested parties in the concerned property, can dispute the said transaction of gift.

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