Georgia Statutes
§ 53-12-242 — Duty to inform as to existence of trust
Georgia·Title 53
(a)Within 60 days after the date of creation of an irrevocable trust or of the date on which a revocable trust becomes irrevocable, the trustee shall notify the qualified beneficiaries of such trust of the existence of such trust and the name and mailing address of such trustee.
(b)All irrevocable trusts in existence on July 1, 2010, shall be deemed to have waived this provision unless the trust instrument says otherwise.
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Georgia § 53-12-242 (Duty to inform as to existence of trust) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by 2018 Ga. Laws 366,§ 18, eff. 7/1/2018. 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