Hello everyone
I would like to ask a question regarding the gift affidavit ( plz do considrr that deed and affidavit are teo srparate things). I have read the dscusions on the forum regarding the subject topic but it is stil unclear.
Basically my mother gifted me somr money by liquidating a few of her sving certfcates that were invested back in 2008. I actualy have documnted everything in my Loe i.e. the certfcates, encashmnt certfcate, bank deposit slips and how it came to my account, every single detail.
In addition to that, my mother gave me a GIFT AFFIDAVIT in which enlist and discusses everything, where did the money come and through eat channels it reached her son's account amd that she gifted it to me.
Now, it is not a deed actually, its an affidavit. I belive the only differece between affidavit and deed is that im deed, person recvig the gift also gives his acceptnce. But in this case, my bank statemnt showing an inflow of money mentioned already by my mother in her affidavit is an indication of acceptance.
Now thr question is, do i still need a GIFT DEED or a comprehensive GIFT AFFIDAVIT wud be sufficient.
Looling forward to your opinions. Thanks in advance.
Reagrds
I would like to ask a question regarding the gift affidavit ( plz do considrr that deed and affidavit are teo srparate things). I have read the dscusions on the forum regarding the subject topic but it is stil unclear.
Basically my mother gifted me somr money by liquidating a few of her sving certfcates that were invested back in 2008. I actualy have documnted everything in my Loe i.e. the certfcates, encashmnt certfcate, bank deposit slips and how it came to my account, every single detail.
In addition to that, my mother gave me a GIFT AFFIDAVIT in which enlist and discusses everything, where did the money come and through eat channels it reached her son's account amd that she gifted it to me.
Now, it is not a deed actually, its an affidavit. I belive the only differece between affidavit and deed is that im deed, person recvig the gift also gives his acceptnce. But in this case, my bank statemnt showing an inflow of money mentioned already by my mother in her affidavit is an indication of acceptance.
Now thr question is, do i still need a GIFT DEED or a comprehensive GIFT AFFIDAVIT wud be sufficient.
Looling forward to your opinions. Thanks in advance.
Reagrds
