How Title Vests on Termination of Estate

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Upon the termination of the estate created under Code Section 53-12-151, the legal title to all the property belonging to the estate which is then undisposed of shall pass to and vest in the persons who are, at that time, the beneficiaries of the estate, in shares corresponding to their respective interest as beneficiaries.

(Code 1981, §53-12-158, enacted by Ga. L. 2010, p. 579, § 1/SB 131.)

RESEARCH REFERENCES

Am. Jur. 2d.

- 76 Am. Jur. 2d, Trusts, § 71.

C.J.S.

- 90 C.J.S., Trusts, § 93.

ALR.

- Power of sale given trustee by will or trust instrument as surviving termination of trust, 43 A.L.R.2d 1102.


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