Document background
The Cash Gift Deed In Blood Relation is a crucial document in Pakistani legal practice, commonly used when one family member wishes to transfer money to another blood relative as a gift (Hiba). This document serves multiple purposes: it provides legal evidence of the transfer, ensures compliance with both Islamic and Pakistani law, and helps establish the tax-exempt status of the gift. The deed is particularly relevant in situations involving wealth distribution within families, estate planning, or providing financial support to relatives. It must clearly establish the voluntary nature of the gift, the blood relationship between parties, and include specific details about the gifted amount and transfer method. The document is governed by Pakistani law and Islamic principles, requiring proper execution before witnesses and often notarization for additional legal security.
