What class of a gift is an outright transfer of property?

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There are two main classes of gifts, gifts inter vivos and gifts causa mortis. The former is an outright transfer of property, the ordinary type of gift. A gift causa mortis, on the other hand, resembles a legacy, or bequest made under a will .

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Similar questions: What sort of class is given to an outright transfer of property? What is the class of an ordinary type of gift? [ Hide these questions ]

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