O.C.G.A.

O.C.G.A. § 53-12-43 (2019)

Power of agent or conservator to revoke 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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(a) A settlor’s powers with respect to revocation, amendment, or distribution of trust property may be exercised by an agent under a power of attorney only to the extent expressly authorized by the trust instrument and the power.

(b) A settlor’s powers with respect to revocation, amendment, or distribution of trust property may be exercised by the settlor’s conservator only as provided in Code Section 29-5-23.

History

Code 1981, § 53-12-43, enacted by Ga. L. 2010, p. 579, § 1/SB 131.