Gift Letter
Gift Letter
07/15/2050
To Whom It May Concern,
I, [Your Name], residing at 123 Maple Street, Springfield, IL 62701, hereby declare that I am gifting John Smith, who resides at 456 Oak Avenue, Springfield, IL 62702, in the amount of $50,000. This gift is given freely without expectation of repayment.
This gift is intended to be used for a down payment on a home at 789 Pine Lane, Springfield, IL 62703, and is not a loan of any kind. There is no obligation, expressed or implied, for the recipient to repay this amount.
Sincerely,
[Your Name]
[Your Email]
