Gift In Contemplation Of Death Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Gift In Contemplation Of Death, written in plain English, along with examples of how it is used.

What is Gift In Contemplation Of Death?

(n) Gift in Contemplation Of Death is the volunteer transfer of a property or article without any monitory consideration, by a person nearing his death, to a person or entity out of natural love and affection towards such transferee