The court held in favor of the nephew, saying: We think this delivery vested the property in the $300 in the plaintiff, subject to be defeated only by his aunt's taking some further action in regard to it; and that the transaction can be upheld as a gift inter vivos. In Gould v. VanHorne

A] gift to be operative must be executed and must take effect immediately and irrevocably, for the obvious reason that if anything remains to be done the title to the property does not pass.... Thus, mere intention to give without delivery is unavailing; the intention must be executed by a complete and unconditional delivery. "(internal quotation marks omitted

To constitute a valid gift, the donee must have an immediate right to the property; in other words, the donee must be vested with immediate dominion and control.

In general, a debtor "is not under any legal obligation, however strong the moral obligation may be, to acquire property as a gift that would benefit his creditors."

Until the condition underlying the gift is fulfilled, the attempted gift is unenforceable and must be returned to the donor upon the donor's request.

South Carolina cases dealing with inter vivos gifts describe such gifts in terms of agreements regarding which acceptance is required to complete the gift

A mere written order by an organizer of a corporation that the corporation issue stock to his child, not acted on, was not a complete gift.

—it was said that a delivery of an instrument under seal, such as a deed, is a good delivery, but that a delivery of an informal paper, such as a letter, order or memorandum is not sufficient to excuse manual tradition; Dodson

[PDF] Catholic University Law Revie w

[CITATION] Gilbert Law Summaries on Wills, 12th