19 Guam Code Ann. § 41307
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Terms Used In 19 Guam Code Ann. § 41307
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
A gift in view of death is not affected by a previous will; nor by a subsequent will, unless it expresses an intention to revoke the gift.
SOURCE: CC ‘1152.
CROSS-REFERENCES: See 15 Guam Code Ann. ‘2901 for treatment of such gifts when interpreting wills and estates.
SOURCE: CC ‘1152.
CROSS-REFERENCES: See 15 Guam Code Ann. ‘2901 for treatment of such gifts when interpreting wills and estates.