Official Code of Georgia Annotated

Title 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES · Chapter 4. WILLS · Article 6. CONSTRUCTION OF WILL; TESTAMENTARY GIFTS

53-4-60. Income, profit, or increase of specific testamentary gifts.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

The income, profit, or increase of specific testamentary gifts, as a general rule, goes with the gift though the time of enjoyment or vesting may be postponed.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Code 1981, § 53-4-60, enacted by Ga. L. 1996, p. 504, § 10.

Law reviews

For article, ‘‘The Time Gap in Wills: Shifting Assets and Shrinking Estates — Obsolescence and Testamentary Planning in Georgia,’’ see 6 Ga. L. Rev. 649 (1972). For note, ‘‘Determining Principal and Income Allocation in Georgia Trusts,’’ see 8 Ga. St. B.J. 564 (1972).

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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 436 to 437; merge action: carried; file SHA-256 062775612dfc.