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A Gift Deed is a legal document that allows a person to transfer ownership of an article of monetary or sentimental value to a relative or close friend. The Donor will retain physical possession of the Gift until the Gift is transferred or until the Donor becomes mentally incapacitated or dies. Using a Gift Deed allows people the flexibility of making real time dispositions of articles of monetary or sentimental value during their lifetimes.
To prepare and purchase a Gift Deed legal document, click this link:
Gift Deed form
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