"Gift" defined.
- "Gift" is the transfer of certain existing moveable or immovable property made voluntarily and without consideration, by one person, called the donor, to another, called the donee, and accepted by or on behalf of the donee.Such acceptance must be made during the life-time of the donor Acceptance when to be made. and while he is still capable of giving.If the donee dies before acceptance, the gift is void.Disclaimer: This section is reproduced for general informational and reference purposes only. Always verify against the latest official gazette and consult a qualified advocate before relying on any provision.