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IVEY v. IVEY

No. S95A1531.

465 S.E.2d 434 (1996)

266 Ga. 143

IVEY v. IVEY.

Supreme Court of Georgia.

January 8, 1996.

Attorney(s) appearing for the Case

Thomas M. Strickland, Athens, for Richard W. Ivey.

J. Edward Allen, Fortson, Bentley & Griffin, Athens, Walter W. Hays, Jr., Fortson, Bentley and Griffin, P.A., Athens, for Richard W. Ivey Trust.

CARLEY, Justice.

As Settlor, Marion C. Ivey created an irrevocable trust with his son Richard as Beneficiary and his son David as Trustee. Under the terms of the trust agreement, income from the trust property was to be distributed to Beneficiary or used for his support during his lifetime. Upon Beneficiary's death, the trust was to terminate with the trust property being distributed to his descendants.

Subsequent to the creation of this trust, Beneficiary...

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