2018 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

Universal Citation: GA Code § 53-12-83 (2018)
  • 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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