donee


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donee

One who receives a gift.
References in periodicals archive ?
An exclusive power is one in which the donor has authorized the donee to appoint to any one or more of the permissible appointees, to the exclusion of the others.
However, it is submitted that such revocations must be done within the limits of good medical practice, for instance not at the last minute when the transplant operation on the donee is already underway.
A gift by a pardanashin woman is also valid but in case of a dispute the burden of proof that the transaction was not conducted by coercion or undue influence is on the donee.
After finding or assuming a confidential relationship, courts reviewing the facts in undue influence cases involving inter vivos transfers have focused on one or more of six recurring factors: 1) the donee's level of involvement in the donor's affairs; 2) the donee's level of involvement in the actual gift in question; 3) the relationship of the donee to the donor as compared to the natural objects of the donor's bounty; 4) the secrecy or openness of the transaction; 5) the effect of the transfer on the donor's pre-existing estate plan; and 6) the physical health and mental acuity of the donor at the time of the gift.
The form requires specific information including the name and address of the donee charity, the date of the contribution, the donor's tax basis, the FMV of the donated property, and the method used to arrive at this value.
New Law: For money donations, regardless of amount, the record keeping requirements are satisfied only if the donor maintains as a record of the donation a bank record or a written communication from the donee showing the donee's name, the donation's date and amount.
They believed that many patents and other property that were donated had outlived their commercial usefulness and would not generate significant future income to the donee charity.
1) a suitable donee awaiting organ transplant in New Mexico cannot be found in a reasonable amount of time; or
This is because this right of first refusal does not restrict the right of a donee to liquidate his or her ownership interest.
105) One author defined payments in discharge of the support obligation as those transfers that do not "build-up wealth" for the donee.
The Administration's formula approach lies somewhere between the donor proposal and the donee proposals - although FHWA's first goal in proposing formula changes was to identify up-to-date, reliable factors that are clearly tied to each program's purpose.