Simulacrum

Instant    (CMC:2)

All damage done to you so far this turn is instead retroactively applied to one of your creatures in play. Even if there's more than enough damage to kill the creature, you don't suffer any of it. Further damage this turn is treated normally.

3E • ENMark Poole

™ & © 1993—1994 Wizards of the Coast

Legal in: Legacy,Vintage,Commander

Oracle Text (click to copy):

Simulacrum {1}{B} Instant You gain life equal to the damage dealt to you this turn. Simulacrum deals damage to target creature you control equal to the damage dealt to you this turn.

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View this MTG card on Gatherer

10/4/2004
You can't use Simulacrum on Loss of Life, just damage.
10/4/2004
This is not damage prevention or redirection. It actually is life gain and newly dealt damage.
8/1/2008
Simulacrum is the source of the damage. If an effect needs to know a characteristic of the damage's source (Protection from Black, for instance), it will see the damage coming from Simulacrum.

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Card Simulacrum is not on TCGPlayer.