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LSDefine

Simple English definitions for legal terms

gift over

Read a random definition: paucital

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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JumpySubsequentDolphin
11:16
I told my family I won’t get any decisions until 2025 so they wouldn’t bombard me hahah
no i think there should be a Law School combine with all new drills except there is still the 40 yard dash
and a sub 4.5 gets you into any t14
LSAT can be one of the drills
letsseehowitgoesnow
11:17
so washu only called one person
So all the D1 athletes will get into a T-14. What else is new?
@TheAdoptedOne: that is called "Dean Poker Night" lol
@ClockworkBlue: I feel like most people could train for the 40 for the same amount of time as they do the LSAT and get close to sub 5 which would be equivalent to a 167+
this is like the schizophrenic posts JJK tik tok be putting out
powerscaling Law School deans up next
11:19
Election Day election day
Write in Dean Z vote
11:20
Saw a guy that wrote in Biden and he said no retirement for you buddy
1a2b3c4d26z
11:20
@ClockworkBlue: god I hope that's true
if the country was run the same as Mich Law it would be a better place
Imagine if election night was run by an adcom? Like, "yep, we could get the results Friday, or June 2025."
imagine if it was like Berkley applications
1a2b3c4d26z
11:22
Election status: Complete
1a2b3c4d26z
11:22
For months
triplethread
11:23
erection day
soapy
11:23
Shoutout to Robinhood's election bet not resolving until January
triplethread
11:23
is anyone else like certain that trump will win
ambitiouslizard
11:23
he aint winning
triplethread
11:23
i like being a pessimist
ambitiouslizard
11:24
he lost his re-election, why would he win this one?
1a2b3c4d26z
11:25
I have no idea why people have so much beef w berkeley's app
I've been reading a bit about "herding," which is this idea that pollsters are making the race look tied so they look right no matter who wins.
1a2b3c4d26z
11:26
Like... it's a more involved app but you don't have to do it? They're clearly trying to have some self-selection go on
I 100% agree with the self selection, I also am not even close to touching the medians there. However I think the huge PS plus the video and especially the very specific criteria for the why Berkeley essay is pretty crazy
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