Definition of "Gift outright"

DeDe Galindo real estate agent
DeDe Galindo, Real Estate Agent Prime Properties Realty

Value or property given by an individual directly to a donee (recipient of the gift), for example, when a father gives a life insurance policy with all ownership rights to his son.

Have a question or comment?
We're here to help.

*** Your email address will remain confidential.


Popular Insurance Terms

Popular Insurance Questions