Lifetime Gift, Lifetime Trust or Testamentary Disposition

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01
Gift trust or will
What facts tell you that property is transferred or promised during life or on death, and which trust route should you test first?
02
Lifetime and death formalities
Talk through the required legal elements for lifetime gift, lifetime trust or testamentary disposition.
03
Immediate or on death
What facts would prove or weaken each element?
04
Will formalities needed
What distinction stops a learner from misanalysing lifetime gift, lifetime trust or testamentary disposition?
05
Failed death transfer
What changes for the parties if the claim or power succeeds?
06
Who keeps the property
A donor signs a note saying a painting is for a friend after death but keeps it at home. Explain the classification and formalities consequences.

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Lifetime Gift, Lifetime Trust or Testamentary Disposition

Guided prompts in this topic

Gift trust or will

Lifetime and death formalities

Immediate or on death

Will formalities needed

Failed death transfer

Who keeps the property