Introduction Presumption of advancement is a legal presumption that arises in various forms. It simply means a transfer of property or money from husband and child and also from husband and wife. The issue of whether the transfer of the property was to be construed as a gift or as a resulting trust is a...
The law sometimes works in mysterious ways. And its principles are sometimes clearly out of date and out of touch with current realities. One of such principles is the presumption of advancement. The presumption of advancement means that the law presumes that the transfer of property to a recipient or the purchase of property in...