Kentucky - Casey County Gift Deed Forms

Included Forms

All Casey County specific forms and documents listed below are included in your immediate download package:

Gift Deed Form - Casey County

Fill in the blank form formatted to comply with all recording and content requirements.
Included document last updated 10/27/2022

Gift Deed Guide - Casey County

Line by line guide explaining every blank on the form.
Included document last updated 1/31/2023

Completed Example of the Gift Deed Document - Casey County

Example of a properly completed form for reference.
Included document last updated 1/26/2023

Included Supplemental Documents

The Following Kentucky and Casey County supplemental forms are included as a courtesy with your order.

Consideration Certificate (Kentucky Document)

Consideration Certificate Exemptions (Kentucky Document)

Transfer Tax Information & Exemptions (Kentucky Document)

Kentucky Statute 132.810 Homestead exemption -- Application -- Qualification. (Kentucky Document)

Application for Exemption (Kentucky Document)

Frequently Asked Questions:

• How long does it take to get my forms?
  • Forms are available immediately after submitting payment.
• What are supplemental forms?
  • Often when a deed is recorded additional documents are required by Kentucky or Casey 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.
• How do I get my forms, are they emailed?
  • After you submit payment you will see a page listing the Casey County forms you ordered with a download link to the pdf form file. You download the forms to your computer. You will also receive an email with a link to your download page in case you need it later.
• What type of files are the forms?
  • All of our Casey 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.
• 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 Casey County that you need to transfer you would only need to order our forms once for all of your properties in Casey County.
• Are these forms guaranteed to be recordable in Casey County ?
  • Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Casey County including margin requirements, content requirements, font and font size requirements.
• 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.
• 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.
• Are there any recurring fees involved?
  • No. Nothing to cancel, no memberships, no recurring fees.

Areas covered by these Gift Deed Forms:

• Casey County

Including:

• Bethelridge
• Dunnville
• Liberty
• Middleburg
• Windsor
• Yosemite

What is the Kentucky Gift Deed?

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

Our Promise

The documents you receive here will meet, or exceed, the Casey 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 Casey 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.

Customer Reviews:

4.8 out of 5 (3962 Reviews)

March 23rd, 2023

Name: MIchael T.

Review: very helpful in a trouble free manner.

Reply from Staff on March 23rd, 2023

Thank you!

March 23rd, 2023

Name: Roger G.

Review: was difficult to find the location on the website to actually download the form I needed. Initially was directed only to information pages related to the form I needed

Reply from Staff on March 23rd, 2023

Thank you for your feedback. We really appreciate it. Have a great day!

March 23rd, 2023

Name: Walter C.

Review: Awesome everything you would ever need

Reply from Staff on March 23rd, 2023

Thank you!

Name: Roger M.

Review: EASY. WORKED WITH PROBLEMS.

Reply from Staff

Thank you!

Name: Charles G.

Review: I downloaded your Transfer on Death Deed Forms on Monday and registered the deed on Wednesday. Thank you.

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Name: angela t.

Review: good forms for what i needed.

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

Name: Cleatous S.

Review: The deed form is hard to fill in. There is no way to fill in the county in the "reviewed by" section. Also, there is no place for the Grantee's address on the form. I had to include it in the fill-in space for the legal description.

Reply from Staff

Thank you!

Name: Carl T.

Review: Great site with good information and pricing. Let me know when you are able to record documents in California.

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Name: Thomas S.

Review: Very nice.

Reply from Staff

Thank you!

Name: Jill M.

Review: This service gave me the information and guide I needed to file a Quitclaim Deed. I went through the process with no problems at all.

Reply from Staff

Thank you Jill, we appreciate your feedback.

Name: Sandra K.

Review: Seems fairly simple with forms and instructions

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Name: Jennie P.

Review: Thank you for the information you sent.

Reply from Staff

Thank you!

Name: Diane G.

Review: easy to use

Reply from Staff

Thank you!

Name: Richard A.

Review: Great product. It would be better if the document files were not embedded within other files. It made downloading a little confusing. The titles of the forms did not match exactly word for word, which required a lot of back and forth to make sure I had downloaded the proper document. What would be great is if once you download a document, the hyperlink changed color, or somehow denoted the document had been downloaded. Just a suggestion. You have my email address if you have questions. STILL! Five stars for you guys. I would not let that hiccup dissuade me from buying any form package from you guys. Thanks!

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Name: Thomas V.

Review: Easy to use. Accomplished my goal

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!