POF question

[s.immanual]

There's nothing for you to do. You don't have to be there for the gift deed to be valid.

Simply provide such gift deed and show proof of transfer. The important factor is that your relative declares that the money is a gift and not expecting it back.

@DelPiero07: what is the best form of written document that I should get from my relative which would declare that the money is a gift from my parents and they are not expecting it back?

 

[DelPiero07]

@DelPiero07: what is the best form of written document that I should get from my relative which would declare that the money is a gift from my parents and they are not expecting it back?

Look for gift deed templates on the forum, there should be a few that you could use.

 

[s.immanual]

Look for gift deed templates on the forum, there should be a few that you could use.

@DelPiero07: Thanks alot for helping me with all my queries!