Louisiana Statutes

§ 9:1937 — Definition of annual exclusion

Louisiana·Title 9 Civil Code-Ancillaries
When a trust anticipates future annual additions and refers to the annual exclusion from federal gift tax without stipulating a dollar limitation, the dollar limitation shall be the amount of the exclusion in effect in the year in which the donation is made to the trust.

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Legislative History

Added by Acts 1982, No. 423, §1.

Nearby Sections

15
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