gift inter vivos
- A handover of property or assets made when the donor is still alive, intending to give up control and possession of it immediately and without any plans of taking it back
- To ensure his children's financial stability, the wealthy father made a gift inter vivos of his most valuable property.
- Through a gift inter vivos, the old woman transferred the ownership of her house to her granddaughter while she was still living.
- Rather than waiting to bequeath his art collection in his will, the art investor decided to distribute them as a gift inter vivos.
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