gifts Flashcards
1
Q
what is a gift
A
voluntary
gratuitous
transfer of property
2
Q
inter vivos gift
A
donative capacity
donative intent
delivery
acceptance
3
Q
what is delivery
A
dontative intent to make gift and give control to donee
4
Q
types of delivery
A
actual physical
constructive
in writing
symbolic
5
Q
constructive delivery
A
constructive possession
fault is too big to move
6
Q
delivery in writing
A
written expression of present donative intent
describe property
written ID of donee
7
Q
when is delivery made for a check?
A
delivery of the funds
8
Q
gifts causa mortis
A
donative capacity
donative intent
delivery
acceptance
donor in apprehension of impending death
9
Q
when is a GCM revoked?
A
he didn’t die from that anticipated death
D revoked before he dies
donee predeceases
10
Q
is the gift still valid if he dies for another reason?
A
yes
