Gift Deed
A Gift Deed is a legal document that transfers ownership of a gift from the Donor to the Done. It’s a way to formally record and legally finalize the gift-giving process. A gift deed typically includes description of the gift (property, land, money, or personal items).
Gift Deeds Are Often Used For :
1. Transferring property or land
2. Gifting money or securities
3. Donating personal items (e.g., art, jewellery, or collectibles)
4. Establishing a trust or foundation
5. Tax planning and estate planning purposes
Note :
It’s essential to note that gift deeds should be notarized and filed with the appropriate authorities to ensure their validity and legal recognition. Additionally, tax implications may arise from gift-giving, so it’s recommended to consult with a tax professional or attorney before creating a gift deed.
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For more details or information on Gift Deed, contact us at :
Address : 608, A-09, GDITL Tower, Netaji Subhash Place, Delhi – 110034
Phone : +91-9667991350
Email : mylegaldeed@gmail.com