Official Code of Georgia Annotated
Title 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES · Chapter 12. TRUSTS · Article 2. CREATION AND VALIDITY OF EXPRESS TRUSTS
53-12-23. Capacity of settlor.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
A person has capacity to create an inter vivos trust to the extent that such person has legal capacity to transfer title to property inter vivos. A person has capacity to create a testamentary trust to the extent that such person has legal capacity to devise or bequeath property by will.
History
Code 1981, § 53-12-23, enacted by Ga. L. 2010, p. 579, § 1/SB 131.
Read the official page (the state's PDF, opened at the page this text was read from).
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Text read from t52-t53-(v40)-2021-pdf.pdf, Volume V40, 2021 edition, pages 791 to 792; merge action: carried; file SHA-256 062775612dfc.