Legal term; transfer or gift made during one's lifetime
Inter vivos (Law Latin, between the living) is a legal term referring to a transfer or gift made during one's lifetime, as opposed to a testamentary transfer that takes effect on the death of the giver.[1]
The term is often used to describe a trust established during one's lifetime, i.e., an inter vivos trust as opposed to a testamentary trust that is established on one's death, usually as part of a will. An inter vivos trust, by definition, includes both revocable and irrevocable trusts.[2]
^Keister, Lisa A.; Benton, Richard A.; Moody, James W. (February 2019). "Cohorts and wealth transfers: Generational changes in the receipt of inheritances, trusts, and inter vivos gifts in the United States". Research in Social Stratification and Mobility. 59: 1–13. doi:10.1016/j.rssm.2019.01.002.
Intervivos (Law Latin, between the living) is a legal term referring to a transfer or gift made during one's lifetime, as opposed to a testamentary transfer...
any portion of the estate. Testamentary trusts are distinguished from intervivos trusts, which are created during the settlor's lifetime. There are four...
a trust. Trust instruments are generally only used in relation to an intervivos trust; testamentary trusts are usually created under a will. Although...
an online magazine of the Trotskyist reunified Fourth International Intervivos trust, a legal instrument Coleman Williams, American country music singer...
Vivos may refer to: Vivos (album) Vivos (film), a 2020 German-Mexican documentary film Vivos (underground shelter) Vivo Class, a school reward system...
Marlborough gallery, eliminating the rights of the gallery with respect to its intervivos contracts with the artist, restoring hundreds of paintings to the artist's...
this problem, one approach has been to reclassify the secret trust as intervivos ("between the living") but this creates other problems. There have also...
create it. In most countries no formalities are required to create an intervivos trust over personal property, but there are often formalities associated...
summarized with the donation tax, as many parents transfer their goods intervivos to their heirs. From this tax, the Spanish state gets 2,360,932,000 euros...
property is transferred during the giver's lifetime (often called an intervivos gift), then the gift or transfer would not be subject to the estate tax...
for the rule in Strong v Bird: The donor must have intended to make an intervivos gift. Such donative intention must have persisted until the donor's death...
providing them with advancements on their inheritance in the form of intervivos gifts rather than dowries. Parents (in practice, fathers) could also...
covers situations such as that in Healey v Browne where there has been an intervivos transfer to avoid the will. In Healey v Browne a husband transferred...
purposes and for certain tax benefits. Charitable trusts can be set up intervivos (during a donor's life) or as a part of a trust or will at death (testamentary)...
as intervivos gift April 1231) 1232–1266 Margaret de Quincy, suo jure 2nd Countess of Lincoln (c. 1206–1266) (received 23 Nov 1232 as intervivos gift...
Carryover basis, also referred to as a transferred basis, applies to intervivos gifts and transfers in trust. Generally, a taxpayer's basis in property...
rent However: Property may escape the tax forever by always passing intervivos, but will be taxed when a succession accrues Property is exempt where...
collection to the Solomon R. Guggenheim Foundation, a gift that was concluded intervivos in 1976, before her death in 1979. The Peggy Guggenheim Collection is...
differentiated from the whole party's obligations to another party. intervivos between the living Refers to a gift or other non-sale transfer between...
the transfer of parental property to a daughter at her marriage (i.e. "intervivos") rather than at the owner's death (mortis causa). A dowry establishes...
contract. Virtually all trusts are made in written form, either through an intervivos or "living trust" instrument (created while the settlor is living) or...
Journal. p. C9. ISSN 0099-9660. Pell, Daniel (1659). Pelagos. Nec intervivos, nec inter mortuos, neither amongst the living, nor amongst the dead. Or, An...
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