This template is a basic Deed of Gift for use by individuals and is especially suitable for family members and friends.
Commonly, gifts between family members and friends are not documented at all or are poorly documented. This can create misunderstandings and problems if things should go wrong.
This deed of gift will provide reassurance to the Giver and Receiver that the gift has been provided and accepted as a gift with no ongoing or future obligation to repay money or to return the asset being gifted.
This template is provided by LegalRocket to the Giver and for the Giver’s benefit. It is provided free of charge and on the terms and conditions set out on the LegalRocket website.
It has been drafted by an incorporated legal practice registered under the Legal Profession Uniform Law in Australia.