Personal Property (Gifts) Flashcards

1
Q

Gifts

A

The immediate transfer of property rights from the donor to the donee

Donee =

Donor =

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2
Q

Inter Vivos Gifts

A

Gifts made from one living person to another

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3
Q

Inter Vivos Gifts - Elements

A

Intent
Delivery
Acceptance

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4
Q

Inter Vivos Gifts Element - Intent

A
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5
Q

Inter Vivos Gifts Element - Delivery

A

Manual
Constructive
Symbolic

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6
Q

Inter Vivos Gifts Element - Acceptance

A
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7
Q

Gifts Causa Mortis

A

Gifts made by a living person in comtemplation of death

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8
Q

Gifts Causa Mortis - Elements

A
  1. Intent
  2. Acceptance
  3. Delivery
  4. Gift was made in contemplation, fear, or peril of death
  5. Donor’s cause of death must be the cause they had comtemplated.
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9
Q

Gifts Causa Mortis - Revocation

A

Majority: If the donor recovers, the gift is automatically revoked Brind v. International Trust Co. (finding no gift causa mortis because P feared death during an operation, but recovered from the operation and never reaffirmed her intent to make the gift).

Minority: a Donor who survives her contemplated death must expressly revoke within a reasonable time, or else lose the right to revoke Restatement (second) of Property: Donative Transfers s31.3.

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