O.C.G.A. § 53-12-83: Creditors’ claims against property that is subject to withdrawal right.
Where this section sits in the code
- TITLE 53 Wills, Trusts, and Administration of Estates
- CHAPTER 12 Trusts
- Article 5 Spendthrift Provisions and Creditors’ Rights and Claims
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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