Legal Question in Wills and Trusts in India
Cancellation of Settlement Deed
An old lady of 76 years executed a settlement deed in favour one of her nephews. Ignoring another nephew and nieces. It was her self earned property. Terms of the deed are that she has not handed over the property to her nephew that she would continue to occupy the immovable property and enjoy benefits of the property during her lifetime. After her death, the rights in the property would be vested in the settlee.
Now, she realised her folly and intends to cancel the settlement deed and execute another deed including other members also who were left out earlier. Can she cancel the settlement deed? If so on what grounds?
4 Answers from Attorneys
Re: Cancellation of Settlement Deed
She may revoke it and execute a WILL as per her wishes provided if the settlement made earlier was not made in the court.
Re: Cancellation of Settlement Deed
You can cancel earlier deed. rest your counsel will guide you.
Regards
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Re: Cancellation of Settlement Deed
Duplicate question. already answered.
Re: Cancellation of Settlement Deed
she can cancel the settlement deed in case she has not received any monetary benefits in lieu of settlement. moreover, the properties can pass by executing a will and not by settlement.
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