Asked by juan manuel iglesias on Jul 14, 2024
Verified
What is the term for a gift that is made in contemplation of one's immediate death?
A) A testate distribution
B) An intestate distribution
C) A will codicil
D) A gift causa mortis
E) An inter vivos gift
Gift Causa Mortis
A gift made by an individual in contemplation of imminent death, which can be revoked if the person survives.
Testate Distribution
The allocation of a deceased person's assets in accordance with their will.
- Understand the different categories of gifts and their legal consequences in transferring property.
Verified Answer
PA
Paulina AlarconJul 20, 2024
Final Answer :
D
Explanation :
A gift causa mortis is a gift that is made in contemplation of one's immediate death.
Learning Objectives
- Understand the different categories of gifts and their legal consequences in transferring property.