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1992

Georgia State University Law Review

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Full-Text Articles in Law

Wills, Trusts, And Administration Of Estates Laws Relating To Trusts, Robert F. Dow Jan 1992

Wills, Trusts, And Administration Of Estates Laws Relating To Trusts, Robert F. Dow

Georgia State University Law Review

The Act reorganizes Georgia trust law and codifies many common law principles that were previously recognized in Georgia law, but had not been incorporated into statutory law. The Act recognizes the validity of spendthrift trusts, and makes the allocation of principal and income in trusts more consistent with national trust law.


Wills, Trusts, And Administration Of Estates Year's Support: Change Determination Of Year's Support, Mary Mccall Cash Jan 1992

Wills, Trusts, And Administration Of Estates Year's Support: Change Determination Of Year's Support, Mary Mccall Cash

Georgia State University Law Review

The Act clarifies what sources of support the court may consider available to an applicant for year's support, as well as clarifying who has the burden of proof in showing the amount of support necessary. The Act also removes the former requirement that all debts of the estate be paid before an applicant can receive year's support for subsequent years.