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LSDefine

Simple English definitions for legal terms

gift over

Read a random definition: A.U.C.

A quick definition of gift over:

A gift is when someone gives something to another person without expecting anything in return. It can be a thing, like a toy or money, or even a part of their body for medical purposes. There are different types of gifts, like ones given during a person's lifetime (inter vivos gift) or in a will (testamentary gift). A completed gift is one that the giver no longer has control over, while a gift over is a gift that takes effect after a certain time or event. Some gifts are made for charitable purposes, while others may have conditions attached to them.

A more thorough explanation:

Definition: A property gift (usually through a will) that takes effect after the expiration of a preceding estate in the property (such as a life estate or fee simple determinable).

Examples:

  • John leaves his house to his wife, Sarah, for her lifetime, with gift over to their son, Don, in fee simple. This means that after Sarah's death, the ownership of the house will pass to Don.
  • Martha leaves her car to her sister, Mary, for five years, with gift over to her nephew, Tom, if Mary dies before the five years are up. This means that if Mary dies before the five years are up, Tom will become the owner of the car.

These examples illustrate how a gift over works. The gift over only takes effect after a preceding estate in the property has expired or ended. In the first example, the gift over to Don only takes effect after Sarah's lifetime estate has ended. In the second example, the gift over to Tom only takes effect if Mary dies before the five-year period has ended.

gift in trust | gift-splitting

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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