Georgia Code § 53-12-21 - Formal and Precatory Words

(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.

Section: 53-12-20  53-12-21  53-12-22  53-12-23  53-12-24  53-12-25  53-12-26  53-12-27  53-12-28    Next

Last modified: October 14, 2016