Deed of Gift

Build your Deed of Gift here: https://www.legalconsolidated.com.au/...

What is a Gift Deed?

The Gift Deed is a document. It records the transfer of ownership. This is over property from one person to another. This is in cases where the Donor does not require any payment from the recipient. For the transfer to be effective at law, both parties sign the Gifting Deed.

Gift deeds are useful for making the Donor’s intentions clear. This is to those who believe they have a claim to the property. The gift deed is evidence of a transfer. A gift deed resolves future misunderstandings as to who owns the property.

This is because once the gifting deed is signed, an irrevocable transfer is made to the recipient. Thus, a gift deed holds the purpose of creating a valid and documented record of the gifting of a good or property. A Deed of Gift is evidence of the legal transfer of ownership of the asset or property from the Donor to Recipient.

Why do I need a Gift Deed?

With a Deed of Gift you voluntarily and without payment transfer the money or gift to someone. It is evidence that you gave the money or asset away. No strings attached. It is an absolute gift. You do not want it back. And you want no payment. In fact, you want nothing. Which is the very nature of a gift.

Can you challenge a Gift? Can you get back a Gift?

Did someone give you a gift? But now wants it back? Did your dad give you a gift and after he died your family said it was a loan? And that you now have to pay it back? Now they want to challenge dad’s Will.

Put the matter beyond doubt by building a Gifting Deed.

What is a ‘gift’ under Australian law?

A gift is a voluntary transfer of property from one person (Donor) to another. It is made gratuitously to the recipient.

A Gift Deed is a document. It transfers money or property to another person.