Georgia House Bill 122 to change the Rule Against Perpetuities for trusts. Georgia irrevocable trusts are currently limited to a maximum of 90 years. The proposed change will assist families with legacy planning and protection of assets intended to endure for multi-generations by allowing Georgia domiciled trusts to exist for 360 years. Under current la, Georgia residents wanting longer term trusts have to create trusts domiciled in other states.
Bryson Law Firm, P.C., Suwanee, Georgia. Attorney Richard Bryson has over 20 years experience with investment entities, elder law, estate planning, probate, wills and trusts, tax planning, tax dispute resolution, asset protection, personal injury, business formation and governance, real estate transactions, and Medicaid and VA planning. Contact our Gwinnett County law firm at 404-909-8842 or email@example.com.
The information on this website is not legal advice and is intended for informational purposes only. You should not act or rely on information on this website without consulting an attorney for legal advice regarding your individual situation. Our firm enters into an attorney-client relationship by written fee agreement or an express verbal fee agreement. An attorney-client relationship is not established by visiting this website or by sending or receiving any information from this site.