Deed of Gift

Record a gift of money or assets to protect yourself and loved ones.

 

Deed of Gift

Record a gift of money or assets to protect yourself and loved ones.

 

A Deed of Gift is a great way to formalise an intention to gift money or assets to someone. A Deed of Gift is particularly effective for recording a gift from parents to children for the purpose of purchasing a home.

Get an online Deed of Gift with Agreeable, and you’ll have a strong reference point to return to in the future. Once you’ve filled out our short questionnaire, our Agreeable team can help you edit the Deed to fully reflect your intentions.

How it works →

About the Deed →

Frequently asked questions →

Get started →

Deed of gift quick facts

A Deed of Gift is a great way to formalise an intention to gift money or assets to someone. It makes it clear that the transfer of assets was intended to be a gift, as opposed to a loan or being held on trust. A Deed of Gift is particularly effective for recording a gift from parents to children for the purpose of purchasing a home.

Get an online Deed of Gift with Agreeable, and you’ll have a strong reference point to return to in the future. Once you’ve filled out our short questionnaire, our Agreeable team can help you edit the Deed to fully reflect your intentions.

How it works →

About the Deed →

Frequently asked questions →

Get started →

Deed of gift guide
Deed of gift quick facts

How it works

 

Purchase the Deed

Pay only $89 for a bespoke Deed you can edit to fit your circumstances.

Purchase the Deed 

 

 

Work through the Deed 

Work through the Deed document. The Agreeable team is available to answer any questions along the way and to ensure your Deed achieves exactly what you require.

 

 

 

Get professional legal advice

Optional: receive professional legal advice on the implications of your Deed. We can arrange a lawyer to advise on the Deed and assist with the drafting if you wish. Our fixed price system ensures no financial surprises!

Enquire now →

1. Purchase the Deed

Purchase a cost-effective Deed of Gift to record and formalise a gift of money or assets.

Click the button below to sign up to our platform, complete the questionnaire and download your Deed:

Sign Up To Get Started

2. Work through the Deed

Our document creation tool will guide you step-by-step through everything you need to cover. In our experience, it takes fewer than 15 minutes. The staff at Agreeable are only a phone call or email away if any issues or questions arise.

3. Get professional legal advice

Optional: receive professional legal advice on the implications of your Deed if you wish. We can arrange a lawyer for a fixed fee. Enquire now for a fixed fee quote. 

If you have any questions, please email us or call us on 0800 9 AGREE

Deed of Gift

What is a Deed of Gift?

A Deed of Gift is a legal document that records a person’s intention to give a gift of assets, usually money, between two people: a Donor (the person giving the gift) and Donee (the person receiving the gift). A Deed of Gift can be completed before or after the money is actually paid, and helps to give clarity for the future in case there are any disagreements down the track.

Why do I need a Deed of Gift?

A Deed of Gift is a useful tool for recording a person’s intention to give a gift of money or assets. Many people use Deeds of Gift to make a record of a gift of money to their adult children towards a house deposit, or when a person gifts assets to their family trust. A Deed of Gift is also useful in situations where a Donor wishes to cancel or forgive a debt that someone else owes them, such as when they gave money to family without any expectation it would be repaid (for example, a debt owed by their children).

Is there anything else I should consider?

Where parents are helping their adult child purchase a home, we recommend that the child and any spouse/partner get a relationship property agreement (prenup) to protect the amount that was gifted to the child. A Deed and a prenup provide great protection and clarity around the ownership of the house. For instance, say Sophie’s parents gift her money to be used as a house deposit. Sophie uses that money to buy a home, which she lives in with her partner, Sam. The house becomes relationship property of Sophie and Sam. When Sam and Sophie decide to enter in a relationship property agreement – i.e., a prenup – it’s easy for Sophie to make it clear that she alone is entitled to the amount of the deposit, and to refer to the Deed of Gift to make it clear that the value of the deposit is hers. Sam and Sophie can then refer to the gift and the Deed of Gift in their prenup.

What do I need to keep in mind when making a Deed of Gift?

Agreeable’s helpful online software will ask you a few quick questions and you’ll be emailed the Deed as a Word document. However, it is important to ensure that your Deed of Gift accurately sets out who is involved and the amount of money or the thing being gifted.

When you make a gift, you should always be aware of any tax or financial consequences that may follow (for example, it may affect a person’s eligibility for residential care subsidies). We recommend that you seek legal and tax advice before entering into a Deed of Gift. Agreeable would be happy to help connect you with a lawyer who could provide that advice – get in touch at info@agreeable.co.nz or 0800 9 AGREE.

 

We look forward to working with you!

If you’re ready to work some magic and start drafting your own Deed of Gift, get started! If you have any questions about how the process works, feel free to give us a call on 0800 9 AGREE or email us at info@agreeable.co.nz.