Louisiana Vehicle Donation Form

Louisiana Act of Donation Stock - Parent to Children
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State:
Louisiana
Control #:
LA-5230
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Description act of donation form louisiana

This is an example of a donation of stock shares from a widowed parent to his adult children, without conditions. A donation inter vivos (between living persons) is an act by which the donor divests himself, at present and irrevocably, of the thing given, in favor of the donee who accepts it. See La. C.C. Article 1536. The donor reserves for himself usufruct in and to the donated property, including any and all dividends paid.
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