Legal analysis: Legally speaking, as long as the donor has the corresponding capacity for civil conduct and has the right to dispose of the donated property and give it to others voluntarily, the gift agreement will have legal effect after being signed by the donor and the recipient.

Legal basis: Civil Code of People's Republic of China (PRC).

Article 657 A gift contract is a contract in which the donor gives his property to the donee free of charge and the donee expresses his acceptance of the gift.

Article 658 The donor may revoke the gift before the right to donate the property is transferred.

The provisions of the preceding paragraph shall not apply to notarized gift contracts or gift contracts with public welfare nature and moral obligations such as disaster relief, poverty alleviation and disability assistance, which are irrevocable according to law.

Article 659 If the donated property needs to go through registration or other formalities according to law, it shall go through the relevant formalities.

Article 660 If the donor fails to deliver the donated property in a notarized gift contract or a gift contract with public welfare nature such as disaster relief, poverty alleviation and disability assistance and an irrevocable moral obligation according to law, the donee may request delivery.

If the donated property that should be delivered in accordance with the provisions of the preceding paragraph is damaged or lost due to the intentional or gross negligence of the donor, the donor shall be liable for compensation.