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The Washington Affidavit of Gift form serves as a crucial document for individuals looking to transfer ownership of personal property without a monetary exchange. This form is particularly relevant in situations involving gifts, where the donor wishes to formally document the transfer of assets such as vehicles, real estate, or other valuable items. By completing this affidavit, the donor asserts their intent to gift the property, ensuring clarity and legal recognition of the transaction. The form typically requires the donor's details, a description of the property, and the recipient's information, thereby establishing a clear record of the gift. Additionally, the affidavit may include a statement affirming that the gift is made voluntarily and without any coercion. Understanding the importance of this form can help both donors and recipients navigate the complexities of property transfer, ensuring that the process is smooth and legally binding.
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Washington Affidavit of Gift
This affidavit is executed in accordance with the provisions of RCW 64.04.050, Washington State's law regarding the transfer of personal property by gift. It serves to formally recognize that the undersigned donor(s) has/have, without any consideration, offered a gift to the recipient(s), transferring ownership of the described property.
Donor Information
Name: ___________________________
Address: ___________________________
City: ___________________________
State: Washington
Zip Code: ___________________________
Recipient Information
Name: ___________________________
Address: ___________________________
City: ___________________________
State: ___________________________
Zip Code: ___________________________
Description of Gift
Property Description: ___________________________
Additional Details (if any): ___________________________
This affidavit is to confirm that the gift was made willingly and without any form of compensation. It acknowledges that once the gift transfer is executed, the donor relinquishes all rights and interests in the gifted property, and these rights are fully transferred to the recipient.
The donor affirms that the property is free of any liens or encumbrances and that the donor has the legal right and authority to gift the property.
State of Washington
County of ___________________________
Donor's Signature: ___________________________ Date: _______________
Recipient's Signature: ___________________________ Date: _______________
Notary Public
State of Washington, County of _______________________, subscribed and sworn before me this ________ day of _______________, 20____.
Notary Signature: ___________________________
My commission expires: _______________________
PDF Data
| Fact Name | Description |
|---|---|
| Purpose | The Washington Affidavit of Gift form is used to document the transfer of property as a gift, ensuring clarity and legal recognition of the transaction. |
| Governing Law | This form is governed by Washington State law, specifically under the Revised Code of Washington (RCW) Title 11, which pertains to wills and estates. |
| Eligibility | Anyone can use this form to give property as a gift, but both the giver and the recipient must be competent to enter into a legal agreement. |
| Property Types | The form can be used for various types of property, including real estate, vehicles, and personal belongings, as long as they can be legally transferred. |
| Signature Requirement | The form must be signed by the person giving the gift, and it is recommended to have a witness or notary public for additional validation. |
| Tax Implications | Gift tax considerations may apply, and it’s advisable to consult a tax professional to understand potential liabilities for both the giver and recipient. |
| Filing | While the form does not need to be filed with any government agency, keeping a copy for personal records is highly recommended for future reference. |
| Revocation | Once the gift is made and the affidavit is signed, it generally cannot be revoked unless both parties agree to the reversal of the gift. |
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