Inter vivos transfer
Term · Law · MLC-T-LAW-002688
A transfer of property or assets made by a living person to another living person. This type of transfer takes effect immediately and is distinct from transfers made through a will or trust that become effective upon death. Examples include gifts, sales, and assignments of property during one's lifetime.
| Identifier | MLC-T-LAW-002688 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002688",
"term": "Inter vivos transfer",
"field": "Law",
"definition": "A transfer of property or assets made by a living person to another living person. This type of transfer takes effect immediately and is distinct from transfers made through a will or trust that become effective upon death. Examples include gifts, sales, and assignments of property during one's lifetime.",
"url": "https://mlchart.com/terminology/law/inter-vivos-transfer/"
}
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