Gift (law)

A gift, in the law of property, has a very specific meaning. In order for a gift to be legally effective, the grantor must have intended to give the gift to the grantee. The gift must actually be delivered to and accepted by the grantee.Gifts can be inter vivos - during the life of the grantor - or causa mortis - made by the grantor in anticipation of their own death. A gift causa mortis (or donatio mortis causa) is not effective unless the grantor actually dies of the impending peril that he or she had contemplated when giving the gift.
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