Uma
asked almost 3 years ago
What is transfer for benefit of unborn person ?
0
0
Answer Now
Comment
Report
1 Answers
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below –
For any questions Request A Call Back
lochan
answered almost 3 years ago
**TRANSFER FOR BENEFIT OF UNBORN PERSON** The transfer for benefit of unborn person states that where on transfer of property an interest therein is created for the benefit of a person not in existence at the date of transfer, subject to prior interest created by the transfer, the interest created for the benefit of such person shall not take effect unless it extends to the whole of the remaining interest of the transferor in the property. Thanks
