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View Full Version : Can the property (jointly held by brother & father) transfer from brother to brother


NitinNR
Jul 3, 2012, 08:59 PM
I own a property jointly with my father.
Now I wish to transfer/gift this property to my brother.
Could you please advise what would be the best way to execute this.
What are the legal complications, tax and/or any other issue.
Awaiting your response.
Thanks.
D Dumbre.

I jointly own a property with my father.
Now I wish to transfer/gift this to my brother.
Could you please advise what would be best way to execute this.
Also advise on any legal complications, taxes and/or any other issues.
Thanks.
D Dumbre.

AK lawyer
Jul 4, 2012, 05:03 AM
Where in the world is the property?

If it's in the U.S. you could do it by deed, from you and your father, as grantors, to your brother as grantee.