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ABSOLUTE GIFT ASSIGNMENT TO INDIVIDUAL (includes Designation of Beneficiary by Assignee) PART ONE INFORMATION REGARDING ASSIGNMENTS IMPORTANT: THIS FORM AND THIS INFORMATION IS BEING MADE AVAILABLE
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Absolute gift assignment is the transfer of ownership of a gift to another person.
The recipient of the gift is required to file absolute gift assignment.
Absolute gift assignment can be filled out by providing details of the gift, the giver, and the recipient.
The purpose of absolute gift assignment is to legally transfer ownership of a gift to another person.
Information such as the value of the gift, the date it was given, and the names of the parties involved must be reported on absolute gift assignment.
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