I am an officer with T N state government.I am the only daughter of my parents and I have one elder and one younger brother. My father has bought a flat in my younger brother's name. He has created a will for a house in favour of my elder brother and has also registered a plot of land in his name. My parents also own some more properties. My mother has a plot of land which she wants to give me.
Please inform me whether 1.she should gift me 2. she should create a will in my favour 3.she should sell it to me 4.she should transfer the property as a settlement deed.
Which transaction will be better and also inform the tax implications,
