O.C.G.A.

O.C.G.A. § 53-12-44 (2019)

Trust not revocable because life estate holder has reversion

✓ 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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No trust shall be considered to be revocable merely because the life beneficiary has a reversion in or a power of appointment over assets of the trust or because the life beneficiary’s heirs or estate have a remainder interest therein.

History

Code 1981, § 53-12-44, enacted by Ga. L. 2010, p. 579, § 1/SB 131.