Lesson Viewed
Gifts I: Inter Vivos Gifts
This lesson addresses inter vivos gifts of property, focusing primarily on personal property (but with a brief discussion of inter vivos gifts of land). The lesson explores the function of the various requirements (donative intent, delivery, and acceptance) for a valid inter vivos gift and the policies implicated by the law of gifts. The lesson includes a wide variety of problems designed to test student understanding of the rules governing inter vivos gifts.
Learning Outcomes
On completion of the lesson, the student will be able to:
- Define the following terms: gift, inter vivos gift, delivery, acceptance.
- Identify the elements of a successful inter vivos gift.
- Explain donative intent.
- Discuss the circumstances under which the delivery requirement might be excused by the courts.
- Explain effective delivery to a third party (escrow).
- Compare the effects of a conditional gift and an unconditional gift.