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?© BrainMass Inc. brainmass.com June 4, 2020, 2:18 am ad1c9bdddf
A valid inter vivos gift has not taken place in this case, due to the fact that an ...
This solution discusses whether a valid inter vivos gift has taken place.