Post obit gift

Post obit gift – within the area of Inheritance Law in many jurisdictions this term is used to detail a type of will in which the testator makes a gift of his assets to a distributor. So, in the text of a post obit gift it will be stipulated that the gift will take effect at the testator’s death and that the land will then be distributed following the provisions which the testators has issued.

*Note that it is advisable to hire a lawyer who to draw your will or gift deed. Lawyers are qualified in Law and they know what terms and conditions should be implemented in such forms to protect the interests of gift makers (testators).

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