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Form a Business

Presumption of gift.

G.S. 29-24
in effect
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§ 29-24.  Presumption of gift. A gratuitous inter vivos transfer is presumed to be an absolute gift and not an advancement unless shown to be an advancement. (1959, c. 879, s. 1.)
Source: North Carolina General Assembly (ncleg.gov)URL: https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_29/GS_29-24.htmlFetched: 10/19/2026

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