Louisiana Revised Statutes 9:2372 – Donations inter vivos; exempt from reduction and calculation of succession mass
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Terms Used In Louisiana Revised Statutes 9:2372
- Donor: The person who makes a gift.
- Inter vivos: Transfer of property from one living person to another living person.
No donation inter vivos which is made at least three years prior to the death of the donor shall be subject to reduction under the provisions of Civil Code Articles 1502 through 1518, nor shall the property transferred by such donation be fictitiously added to the aggregate of all property belonging to the donor in calculating the mass of the donor’s succession under the provisions of Civil Code Article 1505, nor in calculating the legitimate portion under Civil Code Article 1234.
Acts 1995, No. 402, §1.
NOTE: Acts 1995, No. 402, §2 provides that the provisions of the Act apply to all donations inter vivos made on or after Jan. 1, 1996.