Transfer Your Assets to Your Loved Ones with a ‘Deed of Gift’
The ‘Deed of Gift’ documents a significant gift to another person during the adult's lifetime. When prepared and Notarized by a BC Notary, the document proves the donor's intention regarding the gift; that proof may be required to counter "undue influence" or arguments after the adult's death.
It can also be useful in circumstances where a person near death wants to transfer his or her assets or home into joint tenancy or wants to give a significant sum of money or gift to another person prior to death.
Who Should Consider a ‘Deed of Gift’?
Anyone who wants to transfer an asset as a gift before his or her death.