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District of Columbia Rev. 133C96DAFFIDAVIT OF GIFT I hereby affirm under penalty of perjury, on this 05 day of January 2018, that: 1. My name is Canine Horowitz (the “Donor “). My date of birth

How to fill out affidavit of gift

How to fill out affidavit of gift

1. Step 1: Start by typing or printing your name and address on the top of the affidavit.
2. Step 2: Identify the person giving the gift (the donor) and the person receiving the gift (the recipient) by providing their names and addresses.
3. Step 3: Clearly state the nature of the gift, including a detailed description of the item(s) being gifted.
4. Step 4: Indicate the value of the gift. If the gift is not a cash gift, you may need to attach an appraisal or other documentation to support the stated value.
5. Step 5: Sign and date the affidavit in front of a notary public. This is usually necessary to make the affidavit legally valid.
6. Step 6: Have the notary public sign and stamp the affidavit to acknowledge the authenticity of your signature.
7. Step 7: Make copies of the completed and notarized affidavit for your records, as well as for the donor and recipient.
8. Step 8: Submit the original affidavit to the appropriate recipient, such as the recipient's attorney or the agency handling the transfer of the gifted item(s).

Who needs affidavit of gift?

1. An affidavit of gift is typically needed in situations where a person is gifting valuable property or assets to another person.
2. This document is commonly used for legal and financial purposes, such as during estate planning, to transfer ownership of a vehicle or real estate, or to comply with tax regulations.
3. Individuals, as well as attorneys and other professionals involved in these types of transactions, may need an affidavit of gift to ensure the transfer of ownership is properly documented and legally binding.

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What is affidavit of gift?

Affidavit of gift is a legal document used to officially transfer ownership of a gift from one person to another without any exchange of money or other valuable consideration.

Who is required to file affidavit of gift?

The person or entity transferring the gift is required to file an affidavit of gift.

How to fill out affidavit of gift?

To fill out an affidavit of gift, you need to provide information about the gift, the donor, the recipient, and sign the document in front of a notary public or other authorized official.

What is the purpose of affidavit of gift?

The purpose of an affidavit of gift is to legally transfer ownership of a gift without monetary exchange.

What information must be reported on affidavit of gift?

The affidavit of gift must include details about the gift, the donor, the recipient, and any conditions or restrictions associated with the gift.