Georgia Statutes
§ 53-12-21 — Formal and precatory words
Georgia·Title 53
(a)No formal words shall be necessary to create an express trust.
(b)Words otherwise precatory in nature will create a trust only if they are sufficiently imperative to show a settlor's intention to impose enforceable duties on a trustee and if all other elements of an express trust are present.
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Related
In Re Hipple
225 B.R. 808 (N.D. Georgia, 1996)
Odum v. Henry
334 S.E.2d 304 (Supreme Court of Georgia, 1985)
Wasson v. Waid
372 S.E.2d 508 (Court of Appeals of Georgia, 1988)
Damiana Abioro v. Michael J. Astrue
296 F. App'x 866 (Eleventh Circuit, 2008)
Legislative History
Added by 2010 Ga. Laws 506,§ 1, eff. 7/1/2010.
Nearby Sections
15
§ 53-1-10
Lifetime transfers§ 53-1-11
Value§ 53-1-12
Manner of taking into account§ 53-1-2
Definitions§ 53-1-3
Dower and tenancy by curtesy§ 53-1-8
Adopted individuals§ 53-10-1
Short title