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    Valid Inter Vivos Gift

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    Unfortunately, your grandmother is terminally ill and confined to bed rest. On one of your visits to her, she states to you, "I want you to have your grandfather's watch when I pass away; it is what he would have wanted." A week later she passes away, the watch is found in her desk and you discover that she made the same promise to your brother. Has a valid inter vivos gift taken place?

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    A valid inter vivos gift has not taken place in this case, due to the fact that an ...

    Solution Summary

    This solution discusses whether a valid inter vivos gift has taken place.

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