Ch. 3 - Owning Personal Prop (Gifts)

Question 1

3 elements to Inter Vivos Gifts

Answer 1

• Donative Intent (intend to immediately transfer)
• Delivery (give up control)
• Acceptance (presumed)

Question 2

3 types of delivery

Answer 2

• Manual
• Constructive - if manual is impractical, something that gives access (key)
• Symbolic - if manual is impractical, something that symbolizes (letter)

Question 3

Causa Mortis

Answer 3

• is revocable
• all 3 elements of inter vivos + imminent death
• if they live, MAJ is automatic return