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The Law of Gifts Revisited

The law of gifts was set forth in the classic case of Gruen v. Gruen, 68 N.Y.2d 48, 505 N.Y.S.2d 849, 496 N.E.2d 869 (1986) , a case concerning the gifting of a painting by Gustav Klimt, the Austrian modernist. The Court reiterated in Gruen that the elements of a valid inter vivos gift are intent...

New York Court of Appeals Revisits the Law of Gifting of Art or Other Objects

How does one gift an 1,100 pound sculpture? The New York Court of Appeals recently revisited the law of gifts in the context of determining the validity of such a gift by the deceased sculptor's widow. Mirvish v. Mott , 18 N.Y.3d 510, 2012 N.Y. LEXIS 266 (2012) [ enhanced version available to lexis...