State Codes and Statutes

Statutes > Georgia > Title-53 > Chapter-12 > Article-5 > 53-12-81

O.C.G.A. 53-12-81 (2010)
53-12-81. Limitations on creditors' rights to discretionary distributions


A transferee or creditor of a beneficiary shall not compel the trustee to pay any amount that is payable only in the trustee's discretion regardless of whether the trustee is also a beneficiary. This Code section shall not apply to the extent of the proportion of trust property attributable to the beneficiary's contribution.

State Codes and Statutes

Statutes > Georgia > Title-53 > Chapter-12 > Article-5 > 53-12-81

O.C.G.A. 53-12-81 (2010)
53-12-81. Limitations on creditors' rights to discretionary distributions


A transferee or creditor of a beneficiary shall not compel the trustee to pay any amount that is payable only in the trustee's discretion regardless of whether the trustee is also a beneficiary. This Code section shall not apply to the extent of the proportion of trust property attributable to the beneficiary's contribution.

State Codes and Statutes

State Codes and Statutes

Statutes > Georgia > Title-53 > Chapter-12 > Article-5 > 53-12-81

O.C.G.A. 53-12-81 (2010)
53-12-81. Limitations on creditors' rights to discretionary distributions


A transferee or creditor of a beneficiary shall not compel the trustee to pay any amount that is payable only in the trustee's discretion regardless of whether the trustee is also a beneficiary. This Code section shall not apply to the extent of the proportion of trust property attributable to the beneficiary's contribution.