GEORGIA CODE (Last Updated: August 20, 2013) |
Title 53. WILLS, TRUSTS, AND ADMINISTRATION OF ESTATES |
Chapter 4. WILLS |
Article 6. CONSTRUCTION OF WILL; TESTAMENTARY GIFTS |
Section 53-4-59. Specific, demonstrative, general, or residuary testamentary gifts
Latest version.
- Testamentary gifts may be specific, demonstrative, general, or residuary. A specific testamentary gift directs the delivery of property particularly designated. A demonstrative testamentary gift designates the fund or property from which the gift is to be satisfied but nevertheless is an unconditional gift of the amount or value specified. A general testamentary gift does not direct the delivery of any particular property. A residuary testamentary gift includes all the property of the estate that is not effectively disposed of by other provisions of the will.
Code 1981, § 53-4-59, enacted by Ga. L. 1996, p. 504, § 10.