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Irrevocable Deed Of Gift

Irrevocable Deed Of Gift Template for Switzerland

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Key Requirements PROMPT example:

Irrevocable Deed Of Gift

"I need an Irrevocable Deed of Gift under Swiss law to transfer my collection of rare Swiss watches to my daughter, with the transfer to take effect on her 25th birthday in March 2025, including specific provisions for professional appraisal and secure storage until the transfer date."

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Document background
The Irrevocable Deed of Gift is a crucial legal instrument in Swiss jurisdiction used when a party (donor) wishes to permanently transfer ownership of property or assets to another party (donee) without receiving anything in return. This document is commonly used in estate planning, charitable donations, family wealth transfers, and corporate gifting scenarios. It must comply with Swiss Civil Code requirements, particularly Articles 239-252 regarding donations, and may require notarization depending on the gift's nature. The deed's irrevocable nature means the transfer cannot be reversed once executed, making it particularly important to include comprehensive details about the gift, clear statements of intent, and necessary tax provisions. This document type is especially relevant for high-value transfers, real estate gifts, art donations, and situations requiring clear documentation of permanent property transfer.
Suggested Sections

1. Parties: Identification and details of the donor and donee, including full legal names, addresses, and any relevant identification numbers

2. Background: Context of the gift, relationship between parties if relevant, and donor's intention to make an irrevocable gift

3. Definitions: Key terms used in the deed, including definition of the Gift, Effective Date, and any specific terms relevant to the gifted property

4. Description of Gift: Detailed description of the property being gifted, including any identifying features, registration numbers, or specifications

5. Declaration of Gift: Formal statement of the gift's transfer and its irrevocable nature

6. Transfer of Title: Specifics about when and how legal title passes to the donee

7. Representations and Warranties: Donor's declarations regarding ownership, right to transfer, and absence of encumbrances

8. Tax Implications: Acknowledgment of tax obligations and responsibilities of each party

9. Governing Law: Confirmation that the deed is governed by Swiss law

10. Execution: Signature blocks and notarization provisions

Optional Sections

1. Conditions: Any specific conditions attached to the gift (if applicable, though these must not undermine the irrevocable nature)

2. Delivery Terms: Required for physical items, specifying how and when the gift will be delivered

3. Maintenance and Costs: For gifts of property requiring ongoing maintenance or carrying costs

4. Registration Requirements: For gifts requiring official registration (e.g., real estate, vehicles)

5. Third Party Rights: If the gift involves or affects any third party rights or obligations

6. Future Rights: For gifts involving intellectual property or other rights that may arise in the future

7. Family Law Provisions: Required when the gift has implications for family law or inheritance matters

Suggested Schedules

1. Property Description Schedule: Detailed technical or legal description of the gifted property

2. Title Documents: Copies of relevant title documents or proof of ownership

3. Valuation Report: Independent valuation of the gift, if required for tax or other purposes

4. Photographic Evidence: Photos or visual documentation of the gifted item(s)

5. Registration Documents: Copies of any relevant registration documents or certificates

6. Transfer Forms: Official forms required for transferring title or registration

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Private Wealth Management

Real Estate

Art and Collectibles

Charitable Organizations

Family Offices

Banking and Financial Services

Education

Healthcare

Cultural Institutions

Religious Organizations

Non-Profit Organizations

Philanthropy

Relevant Teams

Legal

Wealth Management

Tax Advisory

Compliance

Private Client Services

Estate Planning

Property Management

Philanthropy

Trust Services

Corporate Secretariat

Relevant Roles

Lawyer

Notary Public

Wealth Manager

Estate Planner

Tax Advisor

Property Manager

Philanthropy Director

Trust Officer

Private Client Advisor

Family Office Manager

Legal Counsel

Compliance Officer

Asset Manager

Gift Planning Officer

Real Estate Manager

Industries
Swiss Civil Code (ZGB/CC) Art. 239-252: Primary provisions governing gifts (donations) under Swiss law, including definition, form requirements, and execution
Swiss Civil Code (ZGB/CC) Art. 641: Provisions regarding transfer of ownership and property rights
Swiss Code of Obligations (OR/CO) Art. 1-40: General provisions on formation and validity of contracts, including capacity to contract
Swiss Code of Obligations (OR/CO) Art. 241: Specific provisions regarding the donor's liability in gift transactions
Swiss Civil Code (ZGB/CC) Art. 527: Provisions regarding clawback of gifts in relation to inheritance law
Swiss Civil Code (ZGB/CC) Art. 82: Requirements for public authentication (notarization) of certain legal documents
Swiss Debt Enforcement and Bankruptcy Act Art. 286-288: Provisions regarding the challenge of gifts in case of donor's bankruptcy
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

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