Inter Vivos
gift donee
[Latin, Between the living.] A phrase used to describe a gift that is made during the donor's lifetime.
In order for an inter vivos gift to be complete, there must be a clear manifestation of the giver's intent to release to the donee the object of the gift, and actual delivery and acceptance by the donee.
An inter vivos gift is distinguishable from a gift causa mortis, which is made in expectation of impending death.
User Comments
almost 5 years ago
Mother and Father used joint assets to purchase $150,000 duplexes. Mother then gives daughter duplexes without father's knowledge or signature. Mother and Father still married, but live in different states due to illnesses. Must father also sign document to give daughter title to duplexes since they were initially purchased with joint assets?