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2018 Georgia Code 53-12-24 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)
O.C.G.A. 53-12-24 Case Law from Google Scholar Amendments to OCGA 53-12-24

TITLE 53 WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES

Section 12. (Revised Trust Code of 2010) Trusts, 53-12-1 through 53-12-506.

ARTICLE 2 CREATION AND VALIDITY OF EXPRESS TRUSTS

53-12-24. Non-merger.

No trust shall be invalid or terminated and no merger of title to trust property shall occur merely because the trustee or trustees are the same person or persons as the beneficiary or beneficiaries of the trust.

(Code 1981, §53-12-24, enacted by Ga. L. 2010, p. 579, § 1/SB 131.)

Cases Citing O.C.G.A. § 53-12-24

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Whitlock v. Lawson, 260 Ga. 520 (Ga. 1990).

Cited 2 times | Published | Supreme Court of Georgia | Nov 7, 1990 | 397 S.E.2d 433

...ention to make a class gift. If Jackson’s controlling purpose in making the bequest had been to care for the elderly, the only way of ensuring that the two beneficiaries honored that purpose would have been to establish a precatory trust. See OCGA § 53-12-24; Redfearn, Wills and Administration in Georgia, § 193 (Harrison Co., 5th ed....
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Chattowah Open Land Trust, Inc. v. Jones, 636 S.E.2d 523 (Ga. 2006).

Cited 1 times | Published | Supreme Court of Georgia | Oct 16, 2006 | 281 Ga. 97, 2006 Fulton County D. Rep. 3185

...It has unequivocally informed the co-executors that it is entitled to the property outright, and it has brought suit against them for failing to do so. Chattowah cannot now logically maintain that it has not rejected the trust. Irrespective of this contention, however, OCGA § 53-12-24(a) provides that, in Georgia, a "trustee must have legal capacity under Georgia law to acquire, hold, and transfer title to property....