NJ Family Issues

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Archive for the ‘Gifts’ Category

A stated intention to leave property to a child does not constitute an enforceable contract

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October 3, 2013 at 4:15 pm

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A spouse’s conveyance of a home, during the marriage, that the spouse had exclusively owned before the marriage

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November 13, 2012 at 12:21 pm

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There is a presumption on death in favor of survivorship rights to the joint bank account holder unless there is clear and convincing evidence of a different intention at the time the account is created

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August 16, 2012 at 11:48 am

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A gift will be subject to distribution if it was used to finance the marital lifestyle, or it was placed in an account which regularly received deposits of income and earnings from the party’s employment or received deposits of other non-exempt monies

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June 15, 2012 at 5:32 pm

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There is a presumption that a gift made by a decedent during his life is taxable as a testamentary substitute if the same was made in contemplation of death or is intended to take effect in possession or enjoyment at or after such death

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December 8, 2011 at 7:06 pm

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Interspousal gifts are subject to equitable distribution

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June 25, 2011 at 1:30 pm

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When examining accounts jointly titled or payable to another on the death of the initial depositor, the presumption of legal entitlement by the surviving joint account holder is rebuttable

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May 11, 2011 at 12:15 pm

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Gifts of stock

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April 30, 2011 at 11:36 am

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Undue influence

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December 13, 2010 at 1:21 pm

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Under New Jersey law an engagement ring is deemed a conditional gift so that the ring is returnable if the engagement is broken

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December 7, 2010 at 10:28 am

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