Q: I have been asked to sign a Selection and Consent which includes agreement to OCGA 53-12-261. what does this mean?
A: In brief, ocga 53-12-261 gives the trustee broad powers with limited liability for certain matters. The selection and consent is exactly that, you agree to the selection of the trustee or administrator and consent to to same. It is very important that you take the documents to an experienced trust and probate attorney in your area before you sign the documents to discuss your rights and what you are waiving by signing the documents.
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