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re: Is it still legal in Louisiana to give a vehicle to a realitive

Posted on 6/5/14 at 9:18 am to
Posted by LNCHBOX
70448
Member since Jun 2009
84535 posts
Posted on 6/5/14 at 9:18 am to
You can gift approximately $14,000 worth per person per year. Just have to pay title transfer. No tax.
Posted by MSTiger33
Member since Oct 2007
20457 posts
Posted on 6/5/14 at 9:32 am to
quote:

You can gift approximately $14,000 worth per person per year. Just have to pay title transfer. No tax.



Yep. Or $28,000 if coming from a husband and wife.
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