DEED OF GIFT

It is common for gifts to be given, especially within the family. When someone wishes to give away their property, it may be necessary to draw up a deed of gift. Depending on the property that the donor wishes to give away and the identity of the person receiving the gift, certain formal requirements are imposed for the gift to be considered valid and protected against third-party action protests.

In addition to the formal requirements of the deed of gift, other issues may arise such as whether the gift is an advance on an inheritance or whether the gift is the individual property of the person receiving the gift. The deed of gift may also regulate whether the person receiving the gift can sell, take out a mortgage on the property or give the property away without consent from the donor.

It is important that the wording of the deed of gift is carefully considered to prevent ambiguities and possible future conflicts. We therefore recommend that the document is drawn up with the help of an experienced lawyer.

Wachtmeister Advokatbyrå can help you draw up and register a deed of gift.