U.S. Code > Title 38 > Part VI > Chapter 83 – Acceptance of Gifts and Bequests
Current as of: 2024 | Check for updates
|
Other versions
§ 8301 | Authority to accept gifts, devises, and bequests |
§ 8302 | Legal proceedings |
§ 8303 | Restricted gifts |
§ 8304 | Disposition of property |
§ 8305 | Savings provision |
Terms Used In U.S. Code > Title 38 > Part VI > Chapter 83 - Acceptance of Gifts and Bequests
- Bequest: Property gifted by will.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Devise: To gift property by will.
- Donor: The person who makes a gift.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Testator: A male person who leaves a will at death.
- Trustee: A person or institution holding and administering property in trust.