O.C.G.A.
O.C.G.A.

O.C.G.A. § 53-12-153 (2019)

Name of trust

✓ O.C.G.A. — 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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If the deed creating a trust estate under Code Section 53-12-151 so provides, the trustee may conduct and transact the affairs of the trust estate under a business or trade name, which name shall be set forth in the deed. The name may include the word ‘‘trust’’ but shall not include the words ‘‘trust company.’’

History

Code 1981, § 53-12-153, enacted by Ga. L. 2010, p. 579, § 1/SB 131.

Annotations

Law reviews. - For annual survey of

law on wills, trusts, guardianships, and fiduciary administration, see 62 Mercer L. Rev. 365 (2010).

Notes of Decisions
Cited in 5 cases, 1995–2010 · leading case: Smith v. Hallum, 691 S.E.2d 848 (Ga. 2010).
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Smith v. Hallum, 691 S.E.2d 848 (Ga. 2010). · cites it 40× “This case involves the equitable modification of a trust pursuant to OCGA § 53-12-153. The trust in issue is the J.”
Friedman v. Teplis, 492 S.E.2d 885 (Ga. 1997). · cites it 6× “All parties sought a modification of the trust under OCGA § 53-12-153 based on an unanticipated change of circumstances.”
In Re Jt. E. & S. Dist. Asbestos Litig., 878 F. Supp. 473 (S.D.N.Y. 1995). “§ 15408 (modification or termination where principal is low in comparison to the trust's administrative expenses); Ga.Code Ann. § 53-12-153 (1994) ("The court may direct or permit a trustee to modify the terms of a trust if it is established by clear and convincing evidence…”
Findley v. Falise, 878 F. Supp. 473 (E.D.N.Y 1995). “§ 15408 (modification or termination where principal is low in comparison to the trust’s administrative expenses); Ga.Code Ann. § 53-12-153 (1994) (“The court may direct or permit a trustee to modify the terms of a trust if it is established by clear and convincing evidence…”
Martin v. Martin, 685 S.E.2d 288 (Ga. 2009). · cites it 4× ““OCGA § 53-12-153 allows a court to modify the terms of a trust if it is established by clear and convincing evidence that, owing to circumstances not known to or anticipated by the settlors, compliance would substantially impair the purposes of the trust.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.