GEORGIA CODE (Last Updated: August 20, 2013) |
Title 44. PROPERTY |
Chapter 5. ACQUISITION AND LOSS OF PROPERTY |
Article 4. GIFTS GENERALLY |
Part 2. GIFTS CAUSA MORTIS |
Section 44-5-100. Criteria for making valid gift causa mortis
Latest version.
- (a) To constitute a valid gift in contemplation of death, the following criteria must be met:
(1) The object of the gift must be personal property;
(2) The donor must be in his last illness or in peril of death;
(3) The gift must be intended to be absolute only in the event of death;
(4) The gift must be perfected by either actual or symbolic delivery; and
(5) The gift must be proved by one or more witnesses.
(b) A gift in contemplation of death may be made by parol.
Orig. Code 1863, § 2626; Code 1868, § 2626; Code 1873, § 2668; Code 1882, § 2668; Civil Code 1895, § 3574; Civil Code 1910, § 4154; Code 1933, § 48-201.