donee


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donee

(dō-nē′) [L. donare, to give]
One who receives something, such as a blood transfusion, from a donor.
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subordinates its rights to the rights of the donee, the easement should
Thus, the delivery of the deed to the charitable donee in 2004 was insufficient to satisfy the perpetuity requirement; the easement could protect conservation purposes in perpetuity only after it was recorded.
Looming regulatory concerns with making gifts to groups that are not qualified donees are a case in point.
In determining whether donee beneficiary status attached to the parties, the court looked at the contracts themselves as well as the surrounding circumstances.
Another case of revocation for ingratitude is represented by the omissive deed of the donee, who did not inform the donor about other people's intention of attempt on his life, although he knew it.
The Restatement Second also treated a power to terminate as a power of appointment, but such a power is not treated as a power of appointment in this Restatement Third, because such a power merely enables the donee of the power to convert ownership interests into possessory interests, but does not enable the donee to shift ownership interests from one beneficiary to another.
The Act does not provide that the persons who acquire the body of a deceased person or any tissue, blood or gamete in terms of the Act or its regulations have exclusive rights over them, but the regulations provide for such rights by the donee.
For example, if one believes that aggregate income is not affected by gratuitous transfers, one should prefer either a donor deduction coupled with donee inclusion, or a donee exclusion coupled with denial of a donor deduction, since either of those rules would leave aggregate income unaffected by the transfer.
5) Although the donee is not liable for income taxes upon receiving the gift, if the property is subsequently sold the donee would be liable for reporting and paying taxes on any gain realized from the sale.
For contributions of property other than money, the taxpayer is generally required to maintain a receipt from the donee organization showing the name of the donee, the date and location of the contribution, and a description of the property, including the value of it.
The word Hiba literally means, the donation of a thing from which the donee may derive a benefit.
Sponsorship of an event such as this would occur if money or other property is transferred to the donee or to any person for the benefit of the donee and the purpose of the transfer is to secure to any extent that any such expenses are not occurred.