New Jersey Affidavit of Gift

New Jersey Affidavit of Gift

State of New Jersey

County of [County Name]

Introduction

I, [YOUR NAME], residing at [YOUR ADDRESS], in the County of [County Name], State of New Jersey, do hereby solemnly swear and affirm as follows:

Statement of Facts:

  1. I am the lawful owner of [describe the art or jewelry] ("Gifted Property").

  2. I have the legal right and authority to gift the said property.

  3. I am gifting the above-described property to [Recipient's Name], residing at [Recipient's Address], in the County of [County Name], State of New Jersey, without any consideration or expectation of payment or compensation.

  4. I hereby transfer all my rights, title, and interest in the Gifted Property to the Recipient effective as of [Date of Transfer].

  5. This transfer is made freely, voluntarily, and without coercion for the purpose of gifting the property to the Recipient.

  6. This transfer is intended as a gift and is made as part of my estate planning, without any consideration or expectation of payment, service, or compensation in return.

  7. No conditions or expectations are attached to this gift.

  8. I understand that I am responsible for any gift taxes that may arise from this transaction, and I agree to pay any such taxes.

  9. I warrant that the Gifted Property is free from any liens, encumbrances, or claims of ownership by others, and I indemnify the Recipient against any claims to the contrary.

  10. This affidavit is made for the purpose of documenting the gift of the described property under the laws of the State of New Jersey and to serve as legal proof of the transfer of ownership from the Donor to the Recipient.

Oath:

I affirm under penalty of perjury that the foregoing is true and correct to the best of my knowledge, information, and belief.

Executed on this [Day] of [Month], [Year].

Signature:

[YOUR NAME]

Subscribed and sworn to before me on this [Day] of [Month], [Year].

[NOTARY PUBLIC NAME]

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