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  • FIRST POST
    • toni232
    • By toni232 10th Jun 19, 8:46 PM
    • 7Posts
    • 0Thanks
    toni232
    Younger sister gifted money by family member...
    • #1
    • 10th Jun 19, 8:46 PM
    Younger sister gifted money by family member... 10th Jun 19 at 8:46 PM
    Hi there,

    My younger sister has recently been gifted money (by way of a cheque).

    As it is a large amount of money she's been gifted (50,000), does she:

    1. Need to have the gift of money registered anywhere? (HMRC perhaps?)
    2. I bought a Monetary Deed of Gift form for her to use. Is it ok 'though if this deed is signed and witnessed a few weeks after the cheque has cleared to her bank?

    Any advice would be greatly appreciated!

    Toni

Page 1
    • ViolaLass
    • By ViolaLass 10th Jun 19, 8:56 PM
    • 5,601 Posts
    • 7,728 Thanks
    ViolaLass
    • #2
    • 10th Jun 19, 8:56 PM
    • #2
    • 10th Jun 19, 8:56 PM
    Why does she need the form?
    • toni232
    • By toni232 10th Jun 19, 9:12 PM
    • 7 Posts
    • 0 Thanks
    toni232
    • #3
    • 10th Jun 19, 9:12 PM
    • #3
    • 10th Jun 19, 9:12 PM
    Hi Viola,

    I just thought that a deed was needed in case government entities like HMRC ever came knocking and wanted to confirm where the money came from.



    Thanks,
    Toni
    • p00hsticks
    • By p00hsticks 10th Jun 19, 9:36 PM
    • 7,151 Posts
    • 7,902 Thanks
    p00hsticks
    • #4
    • 10th Jun 19, 9:36 PM
    • #4
    • 10th Jun 19, 9:36 PM
    duplicate thread - there are more responses here


    https://forums.moneysavingexpert.com/showthread.php?t=6012103
    • Fire Fox
    • By Fire Fox 14th Jun 19, 7:25 AM
    • 25,155 Posts
    • 29,398 Thanks
    Fire Fox
    • #5
    • 14th Jun 19, 7:25 AM
    • #5
    • 14th Jun 19, 7:25 AM
    Can't she do this herself?
    Declutterbug-in-progress.⭐️⭐️⭐️ ⭐️⭐️
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