LawDepot's Gift Deed requires an agent to act as a go-between when transferring possession of the gift from the donor to the recipient. Provide each party's full name, city or town, and state or territory. For the recipient, also include if they are an individual or charity. 4. State the signing information.. A gift is generally defined as a voluntary and gratuitous transfer of property, without any consideration given in exchange. A personal gift made in Canada may or may not be made on a tax-free basis, depending on the nature of the relationship between parties. A deed of gift can be a useful estate planning tool […]
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What is a Deed of Gift? A deed of gift simply documents the transfer of property from one person to another and declares that it is a no-strings attached gift to anyone you name, with no stipulations or expectations of payback. Without a deed of gift, once property or cash is transferred, there may be lingering questions, even after your death.. E-mail: Address: City / Town: Prov.: Postal Code: The following is a template. Deeds of gift are tailored to the circumstances of each particular donation. Deed of Gift This Deed of Gift is made as of the day of [date] Between (the "Donor") and City of Toronto (the "City") WHEREAS the Donor is the owner of certain records which are.