California Probate Code 5703 – A gift made during the last illness of the giver, or under …
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A gift made during the last illness of the giver, or under circumstances which would naturally impress the giver with an expectation of speedy death, is presumed to be a gift in view of impending death.
(Added by Stats. 1991, Ch. 1055, Sec. 18.)
Terms Used In California Probate Code 5703
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- gift: means a transfer of personal property made voluntarily and without consideration. See California Probate Code 5700