Donations

Formalizing Your Generosity with Legal Assurance

Human generosity finds its most formal and secure expression through a Donation Deed. This notarized document enables you to materialize one of the noblest gestures: voluntarily transferring assets free of charge to individuals or institutions you believe deserve your support. However, for this act of generosity to fulfill its purpose effectively, it must be backed by all necessary legal guarantees.

A Donation Deed is a public document by which a person (donor) freely transfers ownership of an asset to another (donee), who accepts the donation. Unlike an informal gift, a donation formalized through a notarized deed:

• Guarantees the effective transfer of ownership.
• Clearly establishes the terms and conditions of the donation.
• Meets all essential legal requirements for validity.
• Allows registration in public registries when applicable

It is important to highlight that, for real estate assets, the law strictly requires donations to be executed via a notarized public deed. Otherwise, the act would be null and legally ineffective.

Beyond the Gesture: Strategic Benefits of a Well-Structured Donation

A properly formalized donation provides significant advantages to both the donor and the recipient:

For the Donor:

• Effective estate planning: Decide during your lifetime the future allocation of your assets..
• Prevention of future conflicts: Reduce potential inheritance disputes.
• Personal satisfaction: Witness firsthand the positive impact of your generosity.
• Potential tax advantages: Depending on specific circumstances and donation types.
• Control over conditions: You can establish specific terms for the donation.

For the Donee:

• Legal certainty: Formal and indisputable acquisition of the donated asset.
• Clearly defined rights: Fully documented and clearly established ownership.
• Immediate access: Availability of the asset without awaiting inheritance processes.

Donation Types Adapted to Your Needs

The versatility of Donation Deeds allows them to adapt to different intentions and circumstances

Simple and unconditional donation

Direct and immediate transfer of ownership without special conditions.

Donation with reservation of usufruct

Allows the donor to continue using and benefiting from the asset during their lifetime, while transferring bare ownership to the donee.

Conditional donation

Establishes specific obligations that the donee must fulfill as a condition for receiving or retaining the donation.

Donation with reversion clause

Anticipates circumstances under which the asset could return to the donor or be transferred to a third party.

The Process: Legal Precision for Your Peace of Mind

Formalizing a donation under my guidance involves a careful and detailed process:

1. Personalized Analysis: Evaluating your particular situation, intentions, and the asset to be donated.
2. Comprehensive Advice: Guidance on legal, fiscal, and practical implications.
3. Meticulous Drafting: Preparation of a deed precisely reflecting your wishes and fulfilling all legal requirements.
4. Notarization: Execution of the deed with all necessary formalities and safeguards.
5. Registry Procedures: If applicable, managing the registration in the Property Registry or other relevant registries.

Let’s Talk!

Call 787-731-6987 or fill out this form and I will get back to you as soon as possible.

Would you like to formalize your act of generosity with full legal assurance?
Allow me to help you realize your intentions through a Donation Deed that accurately reflects your wishes and meets all legal requirements for full effectiveness.