2015 Georgia Code
Title 53 - WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES
Chapter 12 - TRUSTS
Article 5 - SPENDTHRIFT PROVISIONS AND CREDITORS' RIGHTS AND CLAIMS
§ 53-12-83 - Creditors' claims against property that is subject to withdrawal right

GA Code § 53-12-83 (2015) What's This?

The holder of a power of withdrawal, during the period that the power may be exercised, shall be treated in the same manner as the settlor of a revocable trust to the extent of the property subject to the power. The lapse, release, or waiver of a power of withdrawal shall not cause the holder to be treated as a settlor of the trust.

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