Deed Of Gift Of Shares And Securities Legal Draft Template

Category	Deeds Gift
Format	Word Document
File name	Deed of Gift of Shares and Securities.doc

This is a sample legal draft for reference. Review and adapt it for your facts, and consult a qualified advocate before filing or execution.

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Deed of Gift of Shares and Securities

Deed of Gift made at . . . . . this . . . . . day of . . . . . . . between

. . . . . of . . . . hereinafter referred to as the Donor of the one part

and . . . . . . . . .

of..............................................................

hereinafter referred to as 'the Donee' of the other Part.

WHEREAS -

(1) The Donor owns certain shares and debentures of different

Companies and what are set out in the Schedule hereunder written.

(2) The Donor has been maintaining his widowed daughter since

her husband's death but the

Donor has now become old and his life is very uncertain.

(3) The Donor desires to make some provision for his said

daughter the Donee during his lifetime and therefore proposes to make

a gift of the said shares and debentures to the Donee.

(4) The Donee has accordingly delivered the share certificates

and debentures to the Donee and has also delivered to her transfer

forms duly signed by the Donee as transferor and by the Donee as

transferee to enable the Donee to get name transferred in the

records of the Companies concerned.

(5) The Donor desires to record the gift by this deed.

NOW THIS DEED WITNESSTH THAT pursuant to the said desire of the Donor and

in consideration of natural love and affection he has for the Donee, the

Donor doth transfer by way of gift the said shares and debentures the

particulars of which are listed in the Schedule hereunder written

and all the right title and interest of the Donor therein or thereto

unto and to the use of the Donee absolutely and the Donor

declares that until the shares and debentur es are transferred in

the name of the Donee in the Company's records, the same will be

deemed to be held by the Donor as a trustee for the Donee.

The Schedule above referred to

Signed by the withinnamed

Donor '. . . . . .. . . . . .' in the presence of )

Signed by the withinnamed Donee . . ... . . . . .. . . . . . in the

presence of ........