gifts inter vivos — Gifts made during an individual s lifetime. The treatment of such gifts, for inheritance tax purposes, depends on the amount of the gift, the occasion of the gift, and the recipient of the gift. Small gifts can be covered by the small gifts… … Big dictionary of business and management
inter vivos gifts — See gifts inter vivos … Big dictionary of business and management
inter vivos — in‧ter vi‧vos [ˌɪntə ˈviːvɒs ǁ tər ˈviːvoʊs, ˈvaɪ ] adverb LAW from one living person to another living person: • A joint tenancy is severed if a joint tenant disposes of his interest inter vivos. inter vivos adjective : • an inter vivos gift * * … Financial and business terms
inter vivos — in·ter vi·vos / in tər vī vōs, vē / adv or adj [Late Latin]: between living persons an inter vivos transfer see also donation inter vivos at donation; gift inter vivos at gift; … Law dictionary
inter vivos — adverb or adjective Etymology: Late Latin Date: 1837 between living persons < transaction inter vivos >; especially from one living person to another < inter vivos gifts > < property transferred inter vivos > … New Collegiate Dictionary
gift inter vivos — A real gift. A gift between living persons; a voluntary transfer of property by one living person to another living person, without any valuable consideration, which becomes absolute and irrevocable during the lifetime of the parties. 24 Am J1st… … Ballentine's law dictionary
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
Gift (law) — Property law Part of … Wikipedia
what remains — Residue. That which is unexpended or unconsumed. A life tenant under a will providing for a remainder over of what remains, so much as may remain unexpended, or some synonymous term, is entitled to the possession, control, and use of the entire… … Ballentine's law dictionary
property law — Introduction principles, policies, and rules by which disputes over property are to be resolved and by which property transactions may be structured. What distinguishes property law from other kinds of law is that property law deals with… … Universalium
