A deed of gift (also known as a gift deed ... However, it does make the process legally documentable.
Imagine receiving wealth as a 'gift'—sounds amazing, right? Many people achieve this by gifting high-value items to their loved ones. A gift deed is a legal document that marks the voluntary transfer ...
Unlike a Will, the Gift Deed is effective immediately on execution. In contrast the Will comes into force only on death of the testator. Both methods exist to help you pass on your assets ...