Free Utah Affidavit of Gift Template

Utah Affidavit of Gift

STATE OF UTAH

COUNTY OF [County Name]

Introduction:

I, [YOUR NAME], residing at [YOUR ADDRESS], hereby declare under penalty of perjury that the following statements are true and correct to the best of my knowledge:

Statement of Facts:

  1. I, [YOUR NAME], currently residing at [YOUR ADDRESS], hereby declare and affirm my intention to gift property or assets as part of estate planning.

  2. My relationship to the recipient of this gift is [Specify Relationship], demonstrating a clear and lawful intent for the transfer of ownership under the laws of the State of Utah.

  3. This affidavit is made voluntarily, with full understanding of its contents and implications for estate distribution purposes.

  4. The recipient of this generous gift is [Recipient's Name], who resides at [Recipient's Address].

  5. This affidavit acknowledges the transfer of specified property or assets from the donor to the named recipient, underscoring the intention that the recipient shall become the sole owner of said property or assets, with all rights, titles, and interests transferred thereto.

  6. I hereby confirm that I have unconditionally and irrevocably gifted to the above-named recipient the following described property or assets as part of estate planning:

    • Description of Property or Asset: [Detailed Description including location if real estate, make and model if a vehicle, or detailed asset description]

    • Value of Gift: [Estimated Value]

  7. I affirm that this gift is made without any expectation of return, payment, or consideration.

  8. The recipient has not and is not expected to provide anything in exchange for this gift.

  9. I certify that with this affidavit, I relinquish all rights, title, and interest in the described property or assets to the recipient, effective as of [Date of Transfer].

Legal and Tax Compliance:

I understand that this affidavit is executed in compliance with the laws of the State of Utah and is intended to serve for all legal and tax purposes related to the transfer of the described gift.

Further Assurances:

I agree to perform all further acts and execute all documents that may be reasonably necessary to carry out the provisions of this affidavit.

IN WITNESS WHEREOF, I have hereunto set my hand and seal 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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