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Gift - Law Dictionary Search Results

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In the course of carrying on the business etc

on the business etc., the expression 'in the course of carrying on of business etc.' means that the gift should have some relationship with the carrying on of the business. If a donor makes a gift only

Perpetuity

attainment by the beneficiary or members of the class of an age exceeding 21 years and thereby the gift to that beneficiary or class or any member thereof or any gift over, remainder, executory limitation or trust

Charities, or Public Trusts

construed as 'references to charities within the meaning of the said Preamble.' In general the question whether a gift is charitable depends not on whether it may, but whether it must be applied to purposes strictly charitable;

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Contingent remainder

original rule that the law will not give effect to a possibility upon a possibility such as a gift to an unborn person if his name shall be Nicodemus, and it has been applied to cases where

ingratitude

ingratitude : forgetfulness of or lack of appreciation for kindness or esp. a gift received NOTE: Under the civil law of Louisiana, a gift may be revoked on the ground of ingratitude

Contingent legacy

of the will taken as a whole. There are certain other guides to construction, e.g., in general, a gift of interest in the interim or a direction to pay maintenance points to a vested and not a

delivery

pl: -er·ies : an act that shows a transferor's intent to make a transfer of property (as a gift) ;esp : the transfer of possession or exclusive control of property to another actual delivery : a delivery

qualified disclaimer

is made in accordance with federal tax requirements and results in favorable tax consequences (as exemption from a gift tax) NOTE: Property disclaimed under a qualified disclaimer is not treated as a gift and is not included

Bribe

made: ibid., p. 373, per Chitty, LJ The corrupt giving to or acceptance by any agent of any gift or consideration for doing or fore-bearing to do any act in relation to his principal's affairs or business

Donis conditionalibus, Statute de

Edw. 1, c. 1, A.D. 1285), otherwise called Westminster the Second. At the date of this statute a gift to a man and the heirs of his body, provided that if he had no heirs the lands

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