Thursday, July 16, 2009

Deathbed gifts

Hi,

A deathbed gift is automatically binding; it does not require any of the technical methods of closing a transaction in order to be binding.

The Talmudic rationale for this is that if a dying person had to jump through hoops to make his gift valid, that would torment him and even hasten his death.

(Code of Jewish Law Choshen Mishpat 250:1)

Have a great day,
Mordechai

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