Document background
The Deed of Confirmation Gift is a specialized legal instrument used in Irish jurisdiction when there is a need to formally document and confirm a gift transaction. This document is particularly valuable when parties wish to establish clear evidence of a gift transfer that may have been previously made or agreed upon informally. It serves multiple purposes: confirming the donor's intention, providing legal certainty about the transfer, establishing the date of the gift for tax purposes, and creating a formal record of the transaction. The deed must comply with Irish property law requirements and includes crucial details such as the parties' information, property description, and confirmation of the irrevocable nature of the gift. It's commonly used in family wealth transfers, charitable donations, and estate planning scenarios, where formal documentation of gift transfers is essential for legal and tax purposes.
