WebLegal Terms Similar to Inter Vivos Testamentary Gifts - A gift that is activated after an individual's death. Bequeathment - The act of leaving assets or personal property to a … WebGift inter vivos. (redirected from Inter Vivos Transfer) Also found in: Financial . GIFT INTER Vivos. A gift made from one or more persons, without any prospect of immediate death, to one or more others. 2. These gifts are so called to distinguish them from gifts causa- mortis, (vide Donatio causa mortise,) from which they differ essentially. 1.
Inter Vivos Definition and Legal Meaning
WebDONATION INTER Vivos, contracts. A contract which takes place by the mutual consent, of the giver, who divests himself of the thing given in order to transmit the title of it to the donee gratuitously, and the donee, who accepts the thing and acquires a legal title to it. 2. This donation takes place when the giver is not in any immediate ... WebInter Vivos is a Latin phrase which means “while alive” or “between the living.” This phrase is primarily used in ... Learn about the Legal Maxim “Inter Vivos”. learning numbers for kids
Inter Vivos legal definition of Inter Vivos
WebInter Vivos Law and Legal Definition. Inter vivos is a Latin term meaning "among the living". It usually refers to the transfer of property by agreement between living persons and not by a gift through a will. An inter-vivos gift is thus a gift made while someone is alive. An inter-vivos trust is also referred to as a living trust. Inter vivos (Latin, between the living) is a legal term referring to a transfer or gift made during one's lifetime, as opposed to a testamentary transfer that takes effect on the death of the giver. The term is often used to describe a trust established during one's lifetime, i.e., an inter vivos trust as opposed to a testamentary trust that is established on one's death, usually as part of a will. An inter vivos trust, by definition, includes both revocable and irrevocable trusts. WebDefinition & Citations: Between the living; from one living person to another. Where property passes by conveyance, the transaction is said to be inter vivos, to distinguish it from a … learning numbers in korean