A gift letter is an important, formal, legal piece of documentation that can help explain that a (usually rather large) sum of money was gifted to you. 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.The document is a gift deed transferring funds from the donor to the receiver. Download a gift affidavit form in PDF or Word format to attest to and record the gratuitous and voluntary transfer of a gift. The donor of a vehicle purchased out-of-state that is to be given as a "Gift", must provide proof that sales tax was paid in a reciprocal state. Transfer property or money to someone with our revocable or irrevocable Gift Deed template. It's tailored to your state's laws. A gift letter must contain the donor's name, the gift's value, confirmation that the gift is not to be repaid, and the donor's signature. Pledge payments will be made as follows:. The letter will need to explain who is gifting the money, where the funds are coming from and the relationship between the donor and the recipient.