Disputes over gifts causa mortis are rare. That’s probably because, if a donor is going to make a gift causa mortis, he or she might just as well dispose of the asset through a will.
Here’s a quick refresher on gifts causa mortis: A gift causa mortis is a gift made in contemplation of death. Under this doctrine, a gift made during the life of the donor becomes effective upon the donor’s death if certain requirements are met. While gifts causa mortis and inter vivos gifts are similar, an inter vivos gift, unlike a gift causa mortis, passes immediately with irrevocable title upon the gift being completed.Read More