Desert Hot Springs, CA (PRWEB) April 30, 2007
LawDepot.com launches its latest automated document -- the Gift Deed form. This new form allows users to quickly and easily draft a legal document that allows them to transfer ownership of an article of monetary or sentimental value to another party.
Gift Deeds are most commonly used for estate planning. For most people, estate planning is an unpleasant and unwelcome task. It is complicated and time consuming. LawDepot.com's Gift Deed form helps make estate planning quicker and simpler. LawDepot.com also offers a Last Will and Testament form to further assist in estate planning.
Gift Deeds are also frequently used when a person wishes to make a donation to a museum, library, historical society, or other similar organization. Without a proper Gift Deed it may be unclear whether the items are intended to be a permanent donation, or if the donor is retaining her ownership of them.
As the name indicates, a Gift Deed is a deed in which the consideration is not monetary. The transfer of ownership occurs with little or no compensation. In cases where the transfer of ownership coincides with a financial transaction, a Bill of Sale should be used.
For more information about the news that is the subject of this release (or for a sample, copy or demo), contact David Pettitt or visit http://www.lawdepot.com/contracts/gift-deed/.
LawDepot.com is the most advanced provider of online legal documents. Hundreds of thousands of satisfied customers have appreciated LawDepot.com's efforts to make complex legal documents easy to generate with a simple step by step process. Thorough legal review processes ensure all documents are current and accurate. LawDepot.com offerings cover all facets of the legal industry, ranging from Real Estate, Business and Human Resources, to Estate, Divorce, and Family Law.
David Pettitt, Business Manager