Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,418,631 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

gift causa mortis
(redirected from Donatio mortis causa)

   Also found in: Legal, Wikipedia 0.01 sec.
Gift Causa Mortis
A gift made upon the giver's death. A gift causa mortis contrasts with a gift inter vivos, which the giver bequeaths while still living. A large gift causa mortis may be subject to the gift tax.

gift causa mortis

A gift in contemplation of death. This was an important term at one time because the IRS required such gifts,made within 3 years of death,to be included in the gross estate for estate tax purposes. You will still encounter the word, but the legal significance is no longer important because such property is no longer included in the estate.



Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
Such gifts in contemplation of death are known as donatio mortis causa and can operate to the extent of one-third of the donor's estate only.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.