Caldwell County Gift Deed Form (Kentucky)
All Caldwell County specific forms and documents listed below are included in your immediate download package:
Gift Deed Form
Fill in the blank form formatted to comply with all recording and content requirements.
Included Caldwell County compliant document last validated/updated 10/22/2024
Gift Deed Guide
Line by line guide explaining every blank on the form.
Included Caldwell County compliant document last validated/updated 7/22/2024
Completed Example of the Gift Deed Document
Example of a properly completed form for reference.
Included Caldwell County compliant document last validated/updated 8/12/2024
The following Kentucky and Caldwell County supplemental forms are included as a courtesy with your order:
When using these Gift Deed forms, the subject real estate must be physically located in Caldwell County. The executed documents should then be recorded in the following office:
Caldwell County Clerk
100 East Market St, Princeton, Kentucky 42445
Hours: 8:30 to 4:30 M-F
Phone: 270-365-6754
Local jurisdictions located in Caldwell County include:
- Fredonia
- Princeton
How long does it take to get my forms?
Forms are available immediately after submitting payment.
How do I get my forms, are they emailed?
Immediately after you submit payment, the Caldwell County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.
What does "validated/updated" mean?
This indicates the most recent date when at least one of the following occurred:
- Updated: The document was updated or changed to remain compliant.
- Validated: The document was examined by an attorney or staff, or it was successfully recorded in Caldwell County using our eRecording service.
Are these forms guaranteed to be recordable in Caldwell County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Caldwell County including margin requirements, content requirements, font and font size requirements.
Can the Gift Deed forms be re-used?
Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Caldwell County that you need to transfer you would only need to order our forms once for all of your properties in Caldwell County.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Kentucky or Caldwell County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
What type of files are the forms?
All of our Caldwell County Gift Deed forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
Do I need any special software to use these forms?
You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
Do I have to enter all of my property information online?
No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
Can I save the completed form, email it to someone?
Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
Are there any recurring fees involved?
No. Nothing to cancel, no memberships, no recurring fees.
Gift deeds convey title to real property from one party to another with no exchange of consideration, monetary or otherwise. Often used to transfer property between family members or to gift property as a charitable act or donation, these conveyances occur during the grantor's lifetime. Gift deeds must contain language that explicitly states that no consideration is expected or required. Ambiguous language, or references to any type of consideration, can make the gift deed contestable in court.
A lawful gift deed includes the grantor's full name and marital status, as well as the grantee's full name, marital status, vesting information, and mailing address. Vesting describes how the grantee holds title to the property. Generally, real property is owned in either sole ownership or co-ownership. For Kentucky residential property, the primary methods for holding title are tenancy in common, joint tenancy, and tenancy by the entirety. An estate conveyed to two or more persons is considered a tenancy in common, unless a joint tenancy is specified. An estate conveyed to a husband and wife vests as a tenancy in common, unless a tenancy by the entirety with full right of survivorship is expressly stated (KRS 381.050).
As with any conveyance of realty, a gift deed requires a complete legal description of the parcel. Recite the prior deed reference to maintain a clear chain of title, and detail any restrictions associated with the property.
In Kentucky, most conveyances of real property require a statement of consideration. A transfer tax is levied based on the actual consideration stated and paid. When real property is gifted from one party to another and no consideration is exchanged, tax is paid on the property's estimated value, so that amount must be stated within the instrument (KRS 382.135(1)(e)). "Value," as defined by KRS 142.050(1)(b)(2), is "the estimated price the property would bring in an open market and under the then prevailing market conditions in a sale between a willing seller and a willing buyer, both conversant with the property and with prevailing general price levels." Each grantee must join in signing to certify the consideration statement.
The deed must be signed by both the grantor and grantee and acknowledged by an authorized individual. All signatures must be original. In Kentucky, deeds also require a preparation statement, comprised of the document preparer's name, address, and signature (KRS 382.335(1)). Instruments also require the name and address of the person to receive future tax statements on the subject property (KRS 382.135(1)(d)).
Record the completed gift deed with the clerk's office in the county where the subject property is located. Contact the same office to confirm recording fees and accepted forms of payment.
With gifts of real property, the recipient of the gift (grantee or donee) is not required to declare the amount of the gift as income, but if the property accrues income after the transaction, the grantee is responsible for paying the requisite state and federal income tax [1].
In Kentucky, there is no state gift tax, but gifts of real property are subject to the federal gift tax. The person or entity making the gift (grantor or donor) is responsible for paying the federal gift tax; however, if the donor does not pay the gift tax, the donee (grantee) will be held liable [1]. In accordance with federal law, individuals are permitted an annual exclusion of $15,000 on gifts. This means that gifts valued below $15,000 do not require a federal gift tax return (Form 709). However, if the gift's value could possibly be disputed by the IRS, a donor may benefit from filing a Form 709 [2].
This article is provided for informational purposes only and is not a substitute for the advice of an attorney. Contact a Kentucky lawyer with any questions about gift deeds or other matters related to the transfer of real property.
[1] http://msuextension.org/publications/FamilyFinancialManagement/MT199105HR.pdf
[2] https://www.irs.gov/businesses/small-businesses-self-employed/frequently-asked-questions-on-gift-taxes
(Kentucky Gift Deed Package includes form, guidelines, and completed example)
Our Promise
The documents you receive here will meet, or exceed, the Caldwell County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Save Time and Money
Get your Caldwell County Gift Deed form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
4.8 out of 5 - ( 4419 Reviews )
RUTH A.
October 25th, 2024
I am so very thankful for the service that you provide for the public, thank you very much.
We deeply appreciate the trust you have placed in our services. Thank you for your valuable feedback and for choosing us.
Nancy R.
October 25th, 2024
Deeds.com is very precise, helpful and friendly. I found the form I needed without any effort and everything worked perfect and smooth. I recommend it 100%. rnThank you.
We are delighted to have been of service. Thank you for the positive review!
Giuseppina M.
October 24th, 2024
Fast, reliable excellent service
Your feedback is greatly appreciated. Thank you for taking the time to share your experience!
Ronald R.
December 30th, 2022
first tinme use, good buy=t expensive
Thank you!
Carol A.
February 6th, 2023
great
Thank you!
John L.
April 22nd, 2023
WOW, This site saved me from going to a lawyer. Not only do they give you great directions, they also include a sample that is extremely helpful.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Paul D.
July 24th, 2019
Easy to use! The forms were perfect and everything was explained well! Will use again!
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Veronica T.
September 14th, 2021
Great Service! Thank you
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Timothy C.
January 6th, 2022
The process was all very clear and easy -- pay the fee online and download the state and county forms onto my computer. I will do as instructed for the Revocable Transfer on Death Deed, then update my review after I file this with the office of the Sandoval County (New Mexico) Clerk.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Priscilla Z.
November 7th, 2022
Very user friendly and easy. I appreciated the sample deed that was provided. Definitely recommend!
Thank you!
Troy B.
July 8th, 2020
Very pleased with website very simple to navigate through
Thank you for your feedback. We really appreciate it. Have a great day!
Rebecca Q.
January 19th, 2019
Very helpful! Unfortunately, they didn't have what I needed, but they got back to me quickly and didn't charge me anything. Easy to work with.
Thank you for your feedback. We really appreciate it. Have a great day!
Jennifer D.
March 9th, 2022
I was skeptical; but, so thankful I went with them. They were beyond helpful through the entire process and very patient with me. I could not have done my quit deed form without them. Thank you for all of your help.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Ralph O.
September 16th, 2024
The experience has been excellent. The site gave me exactly what I was looking for. The documentation we easy to understand.
We are grateful for your feedback and looking forward to serving you again. Thank you!
darryl c.
July 24th, 2021
very easy to use website
Thank you!