Hi, I'm new to this but need advice. My parents have given me and my brother a substantial cash gift.Here's a sample gift letter you can use to prove that the money is truly meant as an outright gift, with no expectation of repayment. Could someone please give this the once over? My parents gifted us 24,000GBP to help us meet the financial requirements for the spouse visa. Check out our gift letter for mortgage template selection for the very best in unique or custom, handmade pieces from our templates shops. As I understand it, a parent can gift £3,000 per year to a child free of any IHT liability. The letter must explain who is gifting the money, where the donor's funds are coming from and the relationship between the donor and the recipient. Money Gift Letter From Parents Template provides a simple and elegant format for expressing love and support through monetary gifts.