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LSDefine

Simple English definitions for legal terms

transfer in contemplation of death

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A quick definition of transfer in contemplation of death:

Transfer in contemplation of death is when someone gives away their property to others because they think they are going to die soon. If they get better, they can take back the property. This is also called a gift causa mortis. The most important thing is that the person giving away the property believes they are going to die soon and that's why they are giving it away.

A more thorough explanation:

Transfer in contemplation of death is a legal term that refers to the act of giving away property to someone else when a person believes they are about to die. This type of transfer is also known as a gift causa mortis.

The key factor in a transfer in contemplation of death is the donor's state of mind. The donor must believe that their imminent death is a compelling reason for transferring their property to another person. If the donor later recovers, they may revoke the transfer.

John is diagnosed with a terminal illness and believes he only has a few months to live. He decides to transfer ownership of his car to his son, Tom, in contemplation of his death. John passes away a few weeks later. Since John made the transfer while believing he was about to die, it is considered a transfer in contemplation of death.

Another example could be a person who is about to undergo a dangerous surgery and decides to transfer their property to a loved one in case they do not survive the procedure.

These examples illustrate how a transfer in contemplation of death occurs when a person believes they are about to die and wants to ensure their property is given to someone they trust.

Transfer agent | transfer-on-death (TOD)

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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.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
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