Irrevocable Deed Of Gift for the United States

Irrevocable Deed Of Gift Template for United States

An Irrevocable Deed of Gift is a legal document used in the United States to permanently transfer ownership of property or assets from one party to another without consideration. Once executed, the transfer cannot be reversed or modified. The document must comply with federal gift tax regulations and state-specific property transfer laws, requiring proper execution, witnessing, and often notarization to be legally valid.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Irrevocable Deed Of Gift

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Irrevocable Deed Of Gift?

An Irrevocable Deed of Gift is commonly used when an individual or entity wishes to make a permanent, legally binding transfer of property or assets to another party without receiving anything in return. This document is particularly relevant in estate planning, charitable giving, and family wealth transfer scenarios. Under U.S. law, the deed must clearly identify the parties involved, describe the property being transferred, and explicitly state the irrevocable nature of the gift. It requires careful consideration of federal gift tax implications and state-specific property transfer requirements. Once executed, the donor cannot revoke or modify the transfer, making it a powerful tool for permanent asset transfer but requiring careful consideration before implementation.

What sections should be included in a Irrevocable Deed Of Gift?

1. Parties: Identification of donor and donee with full legal names and addresses

2. Background: Context of the gift and relationship between parties

3. Definitions: Key terms used in the deed

4. Property Description: Detailed description of gifted property

5. Transfer Declaration: Express statement of irrevocable transfer

6. Acceptance: Donee's formal acceptance of the gift

What sections are optional to include in a Irrevocable Deed Of Gift?

1. Conditions: Any conditions attached to the gift (used when specific requirements must be met by the donee)

2. Tax Implications: Statement about tax responsibilities and acknowledgments (used when gift value exceeds annual gift tax exclusion)

3. Reserved Rights: Any rights retained by donor over the gifted property (used when donor maintains specific rights)

What schedules should be included in a Irrevocable Deed Of Gift?

1. Schedule A - Property Description: Detailed inventory or description of gifted property including specifications, serial numbers, or legal descriptions

2. Schedule B - Valuation: Independent valuation of gifted property for tax and recording purposes

3. Schedule C - Title Documents: Copies of relevant title documents or certificates proving ownership

4. Appendix 1 - Supporting Documentation: Additional documentation proving ownership, authenticity, or other relevant materials

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

United States

Publisher

Genie AI

Document Type

Trust Deed

Cost

Free to use
Industries

Internal Revenue Code: Federal tax regulations governing gift transfers, particularly focusing on gift tax provisions and reporting requirements through Form 709

Gift Tax Annual Exclusion: Section 2503 of IRC defining annual limits on tax-free gifts and requirements for gift tax exemptions

State Property Transfer Laws: State-specific regulations governing the transfer of property, including requirements for valid property transfers and deed registration

State Gift Tax Laws: State-specific tax regulations on gifts (where applicable), which may impose additional tax obligations beyond federal requirements

Recording Requirements: State and local requirements for recording and registering property transfers, particularly relevant for real property gifts

Statute of Frauds: State laws requiring certain types of contracts and property transfers to be in writing and properly executed

Property Ownership Laws: Laws governing property ownership rights, including distinctions between real and personal property transfer requirements

Community Property Laws: Special considerations for property transfers in community property states, affecting married individuals' ability to gift property

Deed Execution Requirements: State-specific formal requirements for valid deed execution, including witnessing and notarization requirements

Contract Capacity Laws: Legal requirements regarding mental capacity and legal authority to make gifts and enter into binding agreements

Delivery and Acceptance Rules: Legal principles governing the proper delivery of gifts and the requirement for acceptance by the recipient

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Package Deed Of Trust

A U.S. legal instrument that creates a three-party security interest in real property, combining standard provisions into a comprehensive package.

find out more

Deed Of Trust Refinance

A U.S. legal document securing a refinanced loan with real property as collateral, typically used in deed of trust states.

find out more

Deed Of Trust Notary

A U.S. legal document creating a security interest in real property, requiring notarization and involving trustor, trustee, and beneficiary.

find out more

Trustee's Deed Foreclosure

A U.S. legal document transferring property ownership after a foreclosure sale under a deed of trust.

find out more

Trust Deed Of Amendment

A U.S. legal document used to modify existing trust agreements while maintaining compliance with federal and state trust laws.

find out more

Trust Deed Mortgage

A U.S. legal instrument that creates a three-party security interest in real property, transferring legal title to a trustee as loan security.

find out more

Tenancy In Common Trust Deed

A U.S. legal document establishing a trust for property held by multiple owners as tenants in common, defining ownership rights and management responsibilities.

find out more

Second Deed Of Trust Foreclosure

A U.S. legal document initiating foreclosure proceedings on a property secured by a second deed of trust, following state-specific foreclosure laws.

find out more

Revocable Tod Deed

A legal document used in the United States that transfers real property to designated beneficiaries upon the owner's death, while remaining revocable during the owner's lifetime.

find out more

Owelty Deed Of Trust

A U.S. legal instrument that secures a lien created during property division in divorce settlements to ensure equalization of equity between spouses.

find out more

Joint Mortgage After Trust Deed

A U.S. legal document establishing a joint mortgage arrangement on property held under a trust deed, creating shared borrower obligations and security interests.

find out more

Deed To Secure Debt

A Georgia-specific security instrument that transfers property title to a lender as collateral for a loan, while allowing the borrower to maintain possession.

find out more

Trustee Of Deed Of Trust

A U.S. legal document establishing trustee responsibilities in a deed of trust arrangement, commonly used in real estate financing.

find out more

Deed Of Trust Divorce

A U.S. legal instrument establishing a trust to manage and transfer property as part of divorce proceedings.

find out more

Deed Of Trust After Marriage

A U.S. legal document that transfers property into a trust after marriage, subject to state trust and marital property laws.

find out more

Home Equity Conversion Deed Of Trust

A U.S. legal instrument securing a reverse mortgage loan against a property, complying with federal FHA/HUD requirements.

find out more

Living Trust Deed Property

A U.S. legal document creating a living trust for property management and transfer, governed by federal and state trust laws.

find out more

Unreleased Deed Of Trust

A U.S. real estate security instrument that remains active on property records despite satisfaction of the underlying debt.

find out more

Trustee Warranty Deed

A U.S. legal instrument used by trustees to transfer real property with title warranties to a grantee.

find out more

Revolving Credit Deed Of Trust

A U.S. security instrument creating a property lien to secure a revolving credit facility, commonly used in deed of trust states.

find out more

Note Secured By Deed Of Trust Straight Note

A U.S. legal instrument evidencing a debt secured by real property through a deed of trust, establishing repayment terms and security interest.

find out more

Money Trust Deed

A U.S. legal document establishing a trust relationship for monetary assets, defining trustee powers and beneficiary rights under federal and state trust laws.

find out more

Joint Tenancy Deed Of Trust

A U.S. legal document combining joint property ownership rights with a trust structure for enhanced property management and succession planning.

find out more

Home Equity Conversion Second Deed Of Trust

A U.S. legal instrument securing a reverse mortgage as a secondary lien on a property, subject to federal and state regulations.

find out more

Existing First Trust Deed Loan

A U.S. legal instrument governing an existing first-position trust deed loan secured by real property.

find out more

Deed Of Partial Reconveyance

A U.S. legal document that releases a portion of property from a deed of trust while maintaining security interest on the remaining property.

find out more

Commission Approved Deed Of Trust

A U.S. state commission-approved security instrument that creates a three-party arrangement to secure real property as collateral for a loan.

find out more

Absolute Trust Deed

A U.S. legal document creating an irrevocable transfer of assets from a settlor to trustees for specified beneficiaries' benefit.

find out more

Trust On Death Deed

A U.S. legal document that transfers real property to designated beneficiaries upon the owner's death, avoiding probate.

find out more

Deed Of Trust Beneficiary

A U.S. legal document establishing a security interest in real property through a three-party trust arrangement.

find out more

Second Lien Deed Of Trust

A U.S. legal document creating a subordinate security interest in real property, second in priority to an existing first mortgage or deed of trust.

find out more

Deed Of Vesting Of Trust

A U.S. legal document that formally transfers ownership of assets from an individual or entity to a trust structure.

find out more

Deed Of Confirmation Of Trust

A U.S. legal document that formally confirms the existence and terms of a trust arrangement.

find out more

Short Deed Of Trust

A U.S. legal instrument that creates a security interest in real property, involving a trustor, trustee, and beneficiary.

find out more

Reverse Mortgage Deed Of Trust

A U.S. legal document securing a reverse mortgage loan against property, compliant with FHA and HUD requirements.

find out more

Grant Deed To A Revocable Trust

A U.S. legal document transferring real property ownership from an individual or entity to a revocable trust, subject to state-specific requirements.

find out more

Grant Deed And Deed Of Trust

A U.S. legal document that combines property transfer with loan security, used in real estate transactions where trust deed financing is preferred.

find out more

Future Advance Deed Of Trust

A U.S. legal document creating a security interest in real property to secure both current and future loans or advances.

find out more

Warranty Deed And Deed Of Trust

A U.S. legal document that combines property transfer (warranty deed) with loan security (deed of trust) in real estate transactions.

find out more

Deed Of Beneficial Interest

A U.S. legal document that establishes and evidences a beneficiary's interest in trust property or assets.

find out more
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now