Connecticut Gift Affidavit Form

• Category: Gifts - Declarations
• State: Multi-State
• Control #: US-0162BG
• Format: Word; Rich Text

Description

An affidavit is a sworn statement in writing made under oath or on affirmation before an authorized magistrate or officer. A gift is the voluntary transfer of property or funds to another without receiving anything of value in return and without conditions attached while both the giver and the recipient are still alive. The gift giver (donor) must understand the nature of the act and have a voluntary intent to make a gift, called a donative intent. There must be either physical or symbolic delivery of the gift and actual or imputed acceptance by the donee. Connecticut Gift Affidavit Form is an official document utilized when individuals in Connecticut give or receive a gift of a motor vehicle or vessel (boat) without any monetary exchange. This affidavit is required by the Connecticut Department of Motor Vehicles (DMV) to establish the bona fide transfer of ownership and to ensure compliance with state laws regarding motor vehicle and vessel transactions. The Connecticut Gift Affidavit Form includes critical information to accurately record the transfer of ownership. It typically asks for details such as the donor's and recipient's full names, addresses, phone numbers, and driver's license numbers. Additionally, the form requires comprehensive information about the gifted vehicle or vessel, including its make, model, year, identification number (VIN or IN), mileage, and current registration information if applicable. By submitting the Gift Affidavit Form, the donor declares under penalty of law that the transfer is indeed a gift, and thus no payment has been made. This document acts as proof of the gift, exempting the interested parties from paying sales or use taxes while transferring the ownership title. It is important to note that there are two main types of Gift Affidavit Forms in Connecticut, one for vehicles and another for vessels. For motor vehicles, the specific form is called the "Connecticut Department of Motor Vehicles Gift Affidavit for Vehicles," and it can be obtained from the DMV's official website or obtained physically from a DMV office. Similarly, for vessels (boats), the form is titled the "Connecticut Department of Motor Vehicles Gift Affidavit for Vessels." The Connecticut Gift Affidavit Forms play a crucial role in simplifying the transfer process, particularly when the transaction involves close family members or charitable donations. However, it is important to remember that the use of these forms is specific to Connecticut and may differ in format or requirements in other states.

Connecticut Gift Affidavit Form is an official document utilized when individuals in Connecticut give or receive a gift of a motor vehicle or vessel (boat) without any monetary exchange. This affidavit is required by the Connecticut Department of Motor Vehicles (DMV) to establish the bona fide transfer of ownership and to ensure compliance with state laws regarding motor vehicle and vessel transactions. The Connecticut Gift Affidavit Form includes critical information to accurately record the transfer of ownership. It typically asks for details such as the donor's and recipient's full names, addresses, phone numbers, and driver's license numbers. Additionally, the form requires comprehensive information about the gifted vehicle or vessel, including its make, model, year, identification number (VIN or IN), mileage, and current registration information if applicable. By submitting the Gift Affidavit Form, the donor declares under penalty of law that the transfer is indeed a gift, and thus no payment has been made. This document acts as proof of the gift, exempting the interested parties from paying sales or use taxes while transferring the ownership title. It is important to note that there are two main types of Gift Affidavit Forms in Connecticut, one for vehicles and another for vessels. For motor vehicles, the specific form is called the "Connecticut Department of Motor Vehicles Gift Affidavit for Vehicles," and it can be obtained from the DMV's official website or obtained physically from a DMV office. Similarly, for vessels (boats), the form is titled the "Connecticut Department of Motor Vehicles Gift Affidavit for Vessels." The Connecticut Gift Affidavit Forms play a crucial role in simplifying the transfer process, particularly when the transaction involves close family members or charitable donations. However, it is important to remember that the use of these forms is specific to Connecticut and may differ in format or requirements in other states.