2010 Georgia Code 53-12-83 Case Law
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One Click Case Law for § 53-12-83
O.C.G.A. § 53-12-82 <-- --> O.C.G.A. §53-13-1



2010 Georgia Code

TITLE 53 - WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES

CHAPTER 12 - TRUSTS
ARTICLE 5 - SPENDTHRIFT PROVISIONS AND CREDITORS' RIGHTS AND CLAIMS
§ 53-12-83 - Creditors' claims against property that is subject to withdrawal right

O.C.G.A. 53-12-83 (2010)
53-12-83. Creditors' claims against property that is subject to withdrawal right


The holder of a power of withdrawal, during the period that the power may be exercised, shall be treated in the same manner as the settlor of a revocable trust to the extent of the property subject to the power. The lapse, release, or waiver of a power of withdrawal shall not cause the holder to be treated as a settlor of the trust.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com