GIFT INTER VIVOS - A piece of property or asset given from one living person to another.
GIFT LETTER - A form stating that a relative is giving you money to help you buy a home, and that they ...
Gift Inter Vivos
A gift given during the life of the grantor. Following a gift inter vivos, the grantor no longer has any rights to the property, and can not get it back without the permission of the party it was gifted to.
GIFT INTER VIVOS A gratuitous transfer of property made during the transferor's (donor's) lifetime. In many countries the gratuitous transfer of property is subject to a gift tax.
GLOBAL FORMULARY APPORTIONMENT METHOD See: Global method ...
person making a gift; a voluntary transfer of property to another, who accepts the gift without consideration . A gift inter vivos is an irrevocable transfer occurring during the donor's lifetime.
Dictionary of Business Terms
donor ...
A tax assessed on the giver of a property or asset as a gift. A $10,000 federal gift tax exemption exists per recipient. See: Gift splitting.
Gift inter vivos ...
 See also: Gift tax, Expense, Grantor, Compensation, Funding
  
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