A Deed of Family Settlement is a legal document that is used to resolve disputes between rival claimants within a family over the ownership or distribution of property or assets. It is typically used when multiple family members have competing claims to an inheritance, a family business, or other jointly-owned property.

The Deed of Family Settlement sets out the terms and conditions under which the property or assets in question will be divided or distributed among the claimants. It includes details such as the names of the claimants, the specific property or assets that are the subject of the settlement, and the agreed-upon distribution of those assets.

It also includes the release of claims, which means that the parties involved in the settlement agree to give up their right to pursue further legal action against each other in exchange for the terms of the settlement.

The Deed of Family Settlement is a legally binding document and should be executed and signed by all the parties involved and usually registered with the relevant government office.

Deed of Family Settlement, Rival Claimants, Legal Document, Ownership, Distribution, Property, Assets, Inheritance, Family Business, Jointly-owned property, Claimants, Property, Release of Claims, Legally Binding, Execution, Signing, Registered, Government office.