Georgia Code, Title 53, Chapter 12, Article 4 - Reformation, Modification, Division, Consolidation, and Termination of Trusts

• § 53-12-60 - Reformation to Correct Mistakes
  (a) If it is proved by clear and convincing evidence that the trust provisions were affected by a mistake of fact or law, whether...
• § 53-12-61 - Power to Direct Modification
  The trust instrument may confer upon a trustee or other person a power to modify the trust.
• § 53-12-62 - Modification of Trust by Court
  (a) The court may: (1) Modify the administrative or dispositive provisions of a trust if, owing to circumstances not known to or anticipated by...
• § 53-12-63 - Division and Consolidation of Trusts
  (a) The court may order the division of a single trust into two or more trusts or the consolidation of two or more trusts...
• § 53-12-64 - Termination of Trusts
  (a) The trust instrument may confer upon a trustee or other person a power to terminate the trust.(b) The court may terminate a trust...
• § 53-12-65 - Modification or Termination of Uneconomic Trust
  (a) After notice to the qualified beneficiaries, the trustee of a trust consisting of trust property either having a total value less than $50,000.00...

Last modified: October 14, 2016