Practice point: To make a valid inter vivos gift, there must be
the intent to transfer; there must be delivery, either actual or constructive; and there must be acceptance by the donee.
Practitioners should note that the law will presume an acceptance when the gift is of value.
Case: Shybunko v. Geodesic Homes, Inc., NY Slip Op 06174 (2d Dept. 2009)
The opinion is here.
Tomorrow’s issue: Municipalities Law.
