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Willy tells Jimmy, "Jimmy, the doctors say I only have a few weeks to live. Because you've been my best friend for years, I would like you to take my favorite hunting hound, Big Blue." Jimmy, who loves hunting, takes Big Blue home with him. Willy's gift is

a. an inter vivos gift and is irrevocable.
b. an inter vivos gift and is revocable.
c. a causa mortis gift and is irrevocable.
d. a causa mortis gift and is revocable.

User Aaronqli
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Answer:d. a causa mortis gift and is revocable.

Explanation:What Is a Gift Causa Mortis?

Gift causa mortis occurs when a person who is anticipating death promises to give their personal property as a gift to someone else;to take it when they die. This is not like a will or gift inter vivos because it can be reversed or cancelled by the person who granted it , which means it is revocable.

Caus Mortis is taken from the Latin word meaning contemplating death

Understanding Gift Causa Mortis

Gift causa Mortis is only effective when the donor has passed away.

It is a conditional gift which can only be given to someone if the donor expect they may be dead anytime soon. This is why it is also called deathbed gift because a person usually will give away this kind of gift when they are at the point where they see death is already at the door and they can die anytime at that point.

A grantor gives off this gift at the time when they expecting death and it is subject to federa estate tax law just as the gift provided in a will.

Gift Causa Mortis Versus Gift Inter Vivos

Gift cause Mortis is revocable, which means the grantor can cancel it anytime as long as they are still alive

An inter-vivos gift is irrevocable once it has been granted the grantor has lost a right over that property and can no longer cancel it.

Causa mortis becomes irrevocable only when the grantor has passed away.

Causa Mortis is also automatically reversed (revoked) back to the grantor or donor, if the donor doesn't die

User Tushar Niras
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