The Gift Agreement Between Individuals is a crucial document used in Ireland when one person wishes to formally transfer property or assets to another person without receiving payment or other consideration in return. This type of agreement is particularly important in the Irish legal context due to the specific requirements of the Capital Acquisitions Tax Consolidation Act 2003 and related legislation. The document serves multiple purposes: it provides clear evidence of the donor's intention to make the gift, helps prevent future disputes about the nature of the transfer, assists with tax compliance and reporting requirements, and can help protect both parties' interests. Typically used for significant gifts, family transfers, or when formal documentation is desired for tax or legal purposes, the agreement includes detailed information about the gift, any conditions attached, and relevant tax acknowledgments. The document becomes especially important when the gift's value approaches or exceeds tax-free thresholds under Irish law.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification and details of the donor and recipient, including full legal names and addresses
2. Background: Context of the gift-giving arrangement and relationship between parties
3. Definitions: Key terms used in the agreement, including definition of the Gift and any other relevant terminology
4. Gift Details: Specific description of the gift, including any identifying features, serial numbers, or unique characteristics
5. Declaration of Gift: Clear statement of the donor's intention to make the gift and the recipient's acceptance
6. Delivery and Transfer: Terms of how and when the gift will be transferred to the recipient
7. Tax Acknowledgment: Statement acknowledging that parties understand potential tax implications and responsibilities
8. Representations and Warranties: Donor's confirmation of ownership and right to give the gift, and its condition
9. Governing Law: Confirmation that the agreement is governed by Irish law
1. Conditions: Any conditions attached to the gift (if applicable - use when gift has specific conditions for transfer or use)
2. Maintenance and Upkeep: Responsibilities for maintenance of the gift (relevant for valuable items requiring ongoing care)
3. Return Provisions: Circumstances under which the gift might need to be returned (use when donor wants to retain certain rights)
4. Insurance: Insurance requirements for valuable gifts (include for high-value items)
5. Third Party Rights: Acknowledgment of any third-party interests or rights (use when relevant to the gifted item)
6. Intellectual Property: IP rights associated with the gift (relevant for artistic works, patents, etc.)
7. Family Law Acknowledgment: Recognition of family law implications (important for gifts between family members)
1. Schedule 1 - Gift Description: Detailed description of the gift including photographs, valuations, or technical specifications
2. Schedule 2 - Condition Report: Current condition of the gift, particularly relevant for valuable items
3. Schedule 3 - Valuation Certificate: Professional valuation of the gift for tax or insurance purposes
4. Appendix A - Related Documents: Copies of relevant certificates, warranties, or documentation associated with the gift
5. Appendix B - Tax Forms: Relevant tax forms or declarations required for the gift transfer
Find the exact document you need
Gift Deed Agreement
An Irish law-governed deed that formalizes the transfer of property or assets from a donor to a donee without payment.
Download
Deed Of Confirmation Gift
An Irish legal document that formally confirms and records the transfer of property or assets as a gift from a donor to a donee.
Download
Deed Of Gift Form
An Irish law-compliant legal document that formalizes the voluntary transfer of property or assets from a donor to a donee without monetary consideration.
Download
Gift Agreement Between Individuals
An Irish law-governed agreement documenting the voluntary transfer of property or assets from one individual to another as a gift, ensuring legal compliance and tax transparency.
Download
Deed Of Gift Letter
An Irish legal document formalizing the voluntary and irrevocable transfer of property or assets from a donor to a recipient without consideration, executed as a deed under Irish law.
Download
ұԾ’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; ұԾ’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
.png)