SEVENTEENTH CONCEPT: WILL SUBSTITUTES Flashcards
Define a Gifts causa mortis
a gift made in contemplation of imminent death.
What is the property that can be the subject of a gift causa mortis?
personal property only; no gifts of real property.
In a gift causa mortis Donor must make a _______ of the property to donee.
delivery
What are the 3 forms of delivery?
Actual, symbolic, or constructive delivery.
What is actual delivery?
Actually physically giving them the property
What is symbolic delivery?
Something representative of the corpus is given to the donee
What is constructive delivery? Common law and modern view
Common law, what is given to the donee is a key, that unlocks a box or room, in which is located the corpus, which is too big or bulky for a manual delivery. The key can be literal, or figurative, such as a treasure map that would lead one to the buried treasure
Modern view: A constructive delivery will be found whenever the donor has done everything possible to effectuate a delivery, and there is no issue of fraud and mistake.