The Letter of Assistance for Money is a crucial document used in Ireland when one party provides financial assistance to another, whether in a personal or business context. This document is particularly important for compliance with Irish financial regulations, tax laws, and anti-money laundering requirements. It should be used whenever there is a transfer of significant funds between parties that needs to be formally documented, whether as a gift or loan. The letter typically includes the identities of both parties, the amount involved, the purpose of the assistance, any terms or conditions, and appropriate signatures. It serves as both a legal record and a protection mechanism for all parties involved, helping to prevent future disputes and ensuring clear documentation for tax and regulatory purposes. The document is especially relevant in family financial planning, business funding, or any situation where clear documentation of financial assistance is required under Irish law.

1. Date and Address Block: Formal letter date and full address details of both parties

2. Salutation: Formal greeting to the recipient

3. Purpose Statement: Clear statement of the letter's purpose and the nature of financial assistance

4. Amount Declaration: Specific declaration of the amount of money being provided

5. Terms Statement: Clear statement of whether this is a gift or loan, and any basic terms

6. Acknowledgment Request: Request for acknowledgment of receipt and agreement to any terms

7. Closing and Signature Block: Formal closing, with space for signatures of both parties