Probate Court Judges Allowed to Hold Certain Funds for Missing Heir or Beneficiary Under Decedent's Will

  1. Law
  2. Georgia Code
  3. Wills, Trusts, and Administration of Estates
  4. Missing Persons and Persons Believed to Be Dead
  5. Administration of Estate
  6. Probate Court Judges Allowed to Hold Certain Funds for Missing Heir or Beneficiary Under Decedent's Will

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  1. The judges of the probate court, in their discretion, shall also be the depositories for and custodians of all moneys of any heir or beneficiary of any estate who cannot be located by the personal representative for moneys that may be distributed to the heir or beneficiary. Any personal representative shall be authorized to pay over to the judge any such moneys; and the judge shall be authorized to take charge thereof as provided for in this Code section.
  2. The judge shall turn over to the Department of Revenue all custodial property held pursuant to this Code section 15 years after receipt by the judge of such property.

(Code 1981, §53-9-8, enacted by Ga. L. 2006, p. 805, § 22/SB 534.)


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