Donation or Gift to Charity of Personal Property - DOC
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					                   Donation or Gift to Charity of Personal Property
The undersigned (name of donor), hereinafter call the Donor, hereby gives, assigns,
and transfers to (name of donee), hereinafter called the Donee, all of his right, title and
interest in and to the following described property, hereinafter called the Personal
Property :

                     (Describe Personal Property being donated)

Donor does not make any express or implied warranty of any kind, including,
without limitation, any express or implied warranty of any kind, including, without
Description: Personal property can be both tangible and intangible. Examples: • Movable property which includes things you can touch, such as furniture, a car, or a computer; • Claims and debts such as accounts receivable (choses in action); and • Intangible property, such as copyrights, patents, and trademarks. Personal property does not include rights in real property (i.e., land, things embedded in land, such as gasoline tanks, and things attached to the land, such as buildings). Title to personal property can be acquired in different ways: • Acquiring by purchase is probably the most common way we think of when acquiring title to personal property; • Gift; • Finding lost property; • Occupation (i.e., taking and retaining property); and • Escheat (i.e., to the state). . The following form is a gift to a charitable organization. A gift involves transferring title by voluntary action of the owner without receiving anything in exchange. In other words, a gift of property is a: • passing of title; • made with the intent to pass title; • without receiving money or value in consideration for the passing of title. Gifts can be classified as: • Inter vivos gifts; • Gifts causa mortis (i.e., in contemplation of death); • Gifts and transfers to minors; • Conditional gifts; and • Anatomical gifts. The donor is the person making the gift, and the donee is the person receiving the gift. An inter vivos gift is what we normally think of as a gift between two persons. An inter vivos gift is made if a donor intends to convey all rights to the property at the present time and delivers the property to the donee. The gift takes effect upon the donor's intent to transfer ownership and making delivery. The donee can refuse the gift. If there is no acceptance, the gift is not complete.
PARTNER William Glover
I received my B.B.A. from the University of Mississippi in 1973 and my J.D. from the University of Mississippi School of Law in 1976. I joined the firm of Wells Marble & Hurst in May 1976 as an Associate and became a Partner in 1979. While at Wells, I supervised all major real estate commercial loan transactions as well as major employment law cases. My practice also involved estate administration and general commercial law. I joined the faculty of Belhaven College, in Jackson, MS, in 1996 as Assistant Professor of Business Administration and College Attorney. While at Belhaven I taught Business Law and Business Ethics in the BBA and MBA programs; Judicial Process and Constitutional Law History for Political Science Department); and Sports Law for the Department of Sports Administration. I am now on the staff of US Legal Forms, Inc., and drafts forms, legal digests, and legal summaries. I am a LTC and was Staff Judge Advocate for the Mississippi State Guard from 2004-2008. I now serve as the Commanding Officer of the 220th MP BN at Camp McCain near Grenada, MS. I served on active duty during Hurricanes Dennis (July, 2005), Katrina (August, 2005) and Gustav in 2008. I played football at the University of Mississippi in 1969-1971 under Coach John Vaught. I am the author of the Sports Law Book (For Coaches and Administrators) and the Sports Law Handbook for Coaches and Administrators (with Legal Forms),