Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
incomplete transfer
Tax. A decedent's inter vivos transfer that is not completed for federal estate-tax purposes because the decedent retains significant powers over the property's possession or enjoyment. ( Because the transfer is incomplete, some or all of the property's value will be included in the transferor's gross estate. IRC (26 USCA) ยงยง 2036-2038.