the gift law

the gift law
law that rules on a promise to give a gift

English contemporary dictionary. 2014.

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  • gift — n 1: an intentional and gratuitous transfer of real or personal property by a donor with legal capacity who actually or constructively delivers the property to the donee with the intent of giving up dominion over the property and investing it in… …   Law dictionary

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  • gift tax — n: an excise tax imposed on a donor for gifts of property made during the donor s lifetime see also annual exclusion, gift 3 split gift at gift, unified t …   Law dictionary

  • gift with reservation of benefit — England, Wales A gift which is not fully given away; the person making the gift (the donor) keeps back some benefit for him or herself. For example, if a donor gives his home to his adult children (who live elsewhere) and continues to live there… …   Law dictionary

  • gift over — see gift Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. gift over n. A gift that occur …   Law dictionary

  • law — / lȯ/ n [Old English lagu, of Scandinavian origin] 1: a rule of conduct or action prescribed or formally recognized as binding or enforced by a controlling authority: as a: a command or provision enacted by a legislature see also statute 1 b:… …   Law dictionary

  • gift, absolute — n. A gift given while the donor is still alive; also called a gift inter vivos. The Essential Law Dictionary. Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008 …   Law dictionary

  • GIFT — GIFT, the transfer of legal rights without any consideration or payment. It is essentially no more than a sale without payment and all the principles of the law of sale apply (see sale ). The Da at of the Parties The decision (gemirat ha da at)… …   Encyclopedia of Judaism

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