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Gift Deed For Gift Of Money
"I need a Gift Deed For Gift Of Money under UAE law to document a one-time gift of 500,000 AED from a father to his daughter, to be transferred on March 15, 2025, with the deed requiring preparation in both Arabic and English."
1. Parties: Identifies and provides full details of the Donor and Donee, including their legal capacity to give/receive gifts
2. Background: Establishes the context of the gift, relationship between parties, and Donor's wish to make the gift
3. Definitions: Defines key terms used in the deed including 'Gift Amount', 'Effective Date', and other relevant terms
4. Gift Declaration: Clear statement of the Donor's intention to give and the exact amount being gifted
5. Acknowledgment of Receipt: Donee's confirmation of receiving the gift amount and acceptance of the same
6. Source of Funds Declaration: Donor's declaration regarding the legitimate source of the gifted funds (for AML compliance)
7. Irrevocability: Statement confirming the irrevocable nature of the gift
8. Tax Implications: Acknowledgment of understanding of any tax implications of the gift
9. Governing Law: Specification that UAE law governs the deed and reference to Sharia compliance
10. Execution: Formal execution clause with signature blocks for all parties
1. Conditions: Used when the gift is subject to specific conditions or terms (note: conditions must not conflict with the nature of a gift)
2. Witness Statement: Added when additional verification of the gift transaction is desired or required
3. Power of Attorney: Included when either party is acting through an authorized representative
4. Family Consent: Required when the gift is substantial and affects family inheritance rights under Sharia law
5. Bank Details: Included when the transfer will be made electronically rather than in cash
6. Estate Planning Declaration: Used when the gift is part of a larger estate planning arrangement
1. Schedule 1 - Gift Amount Details: Detailed breakdown of the gift amount if it involves multiple currencies or payment installments
2. Schedule 2 - Identity Documents: Copies of official ID documents of all parties
3. Schedule 3 - Source of Funds Evidence: Documentation proving the legitimate source of gifted funds
4. Appendix A - Bank Transfer Instructions: If applicable, details of bank accounts and transfer procedures
5. Appendix B - Powers of Attorney: If applicable, copies of power of attorney documents
6. Appendix C - Translation Certificate: If the deed is bilingual, certified translation of the document
Authors
Donor
Donee
Gift Amount
Effective Date
Execution Date
Business Day
Governing Law
Identity Card
Bank Account
Transfer Date
Source of Funds
Legal Representative
Notary Public
Witness
Emirates ID
Power of Attorney
Transfer Instructions
Gift Declaration
Acceptance Certificate
UAE Dirham
Working Hours
Authorized Signatory
Official Documentation
Translation Certificate
Gift Declaration
Acceptance
Consideration
Transfer of Title
Delivery
Source of Funds
Anti-Money Laundering
Irrevocability
Capacity
Legal Compliance
Sharia Compliance
Representations and Warranties
Tax Implications
Governing Law
Jurisdiction
Force Majeure
Severability
Entire Agreement
Amendment
Notices
Attestation
Execution
Legal Services
Financial Services
Private Banking
Wealth Management
Family Office Services
Estate Planning
Islamic Finance
Professional Services
Notary Services
Translation Services
Legal
Compliance
Wealth Management
Private Banking
Document Processing
Translation Services
Islamic Banking
Estate Planning
Client Relations
Risk Management
Legal Counsel
Private Wealth Manager
Estate Planning Attorney
Compliance Officer
Family Office Manager
Private Banking Relationship Manager
Legal Document Specialist
Notary Public
Translation Officer
Islamic Finance Advisor
Trust Officer
Financial Advisor
Corporate Lawyer
Legal Documentation Manager
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