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A sister had to fight in multiple courts over a period of about 30 years with her brother for possession of their late father ...
She also hosts the Mama’s Money Map podcast, which helps stay-at-home moms earn more, spend less and invest the rest. When she’s not writing or editing, you can find Jenni taking her family ...
Speak with a financial advisor today. A gift is any unilateral transfer of money or property. This means that you give someone assets without receiving either fair value or any value in return.
In a landmark judgement, 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 ...
Senior citizens have the right to cancel gift or settlement deeds executed in favour of their children or close relatives if those individuals fail to provide adequate care, even if such care ...
Madras High Court declared that aged parents could revoke gift deeds if their children fail to care for them, even if the deed lacks explicit conditions. The court emphasized that implied ...
Senior Citizens can cancel the gift or settle deeds executed in favour of their children or close relatives if they failed to take care of them, even if it was not explicitly mentioned in the ...
In the event of neglecting the senior citizen, the deed of settlement or gift was liable to be annulled, the bench added. The bench said in the present case, the senior citizen, both in her ...
Forbes contributors publish independent expert analyses and insights. Eric Roberge is a financial advisor and entrepreneur in Boston.