Question

According to the court in Case 47.1, In re Estate of Piper, the elements of a legally valid inter vivos gift include all of the following except:

Option 1: The donor's present intention to make a gift.

Option 2: Acceptance by the donee.

Option 3: Effective delivery of the property to the donee.

Option 4: A written instrument excluding the property from the donor's will.

Answer 1

The elements of a legally valid inter vivos gift as defined in the court case In re Estate of Piper.

Step-by-step explanation:

In the court case In re Estate of Piper, the court identified the elements of a legally valid inter vivos gift. These elements include: the donor's present intention to make a gift, acceptance by the donee, and effective delivery of the property to the donee. However, a written instrument excluding the property from the donor's will is not one of the elements required for a valid inter vivos gift.