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About this document
Sometimes we give people money with no expectation or desire to be repaid. Sometimes we wipe off a debt by saying we’ll just gift them the money they would have owed. In these cases, it’s a good idea to formalise the gift by signing a Deed of Gift.
This document is primarily for use in trust situations where a Settlor wishes to gift off either all or part of a debt owed by their Trust.
You’ll need to know
- the name of the Trust
- the details of the trustees, and
- details of any acknowledgement of debt signed to date.
Interview length
You should have your customised deed of gift in less than 5 minutes.
Length of document
Approximately 2-3 pages
Type of document
Word
This interview will generate a document based on the information provided by you. It does not and is not intended to represent legal advice or the practice of law (even if the information you input is based on suggestions or tips provided by us).
Please note: if you want professional assurance that this template and your interpretation of it is appropriate to your particular situation, we recommend that you consult with a lawyer authorised to practice law in your jurisdiction.
