707. Annuities for maintenance.

A gift of an annuity1 for the maintenance of a named person without further qualification is, at any rate where that person is an adult2, prima facie an absolute gift for his benefit3. If the donee is a minor, the gift is not confined to his minority4 unless expressly so limited, and, if given for the life of another, may continue during that other person's life even though the donee predeceases him5.

A gift for the maintenance and education of children, where no definite period is mentioned, amounts to a gift for the joint lives of the children and the