Legal Question in Wills and Trusts in Louisiana
Can the donee's of a Donation of Inter Vivos require the donor to do major repairs on the home and to supply homeowners insurance on the home which the donor no longer owns. Also can there be any monetary compensation to to the donee's for the donation? Is the document valid if the Notary did not put his expiration date on it?
Asked on 7/02/12, 8:52 pm
1 Answer from Attorneys
Martha Amanda Mandi Lucas
Mandie Seale Lucas
A donation is a gift. It is complete upon the giving. There are no further requirements nor monetary compensation. Some Notaries, i.e. attorneys, have no expiration date to their commission.
Answered on 7/04/12, 10:02 am
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