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GEORGIA STATUTES AND CODES

§ 53-4-50 - (Pre-1998 Probate Code) "Advancements" defined

O.C.G.A. 53-4-50 (2010)
53-4-50. (Pre-1998 Probate Code) "Advancements" defined


(a) An advancement is any provision made by a parent out of his estate, for and accepted by a child, either in money or property, during the parent's lifetime, over and above the obligation of the parent for maintenance and education.

(b) Donations from affection, not made with a view to an accounting nor intended as advancements, shall not be accounted for as such; nor shall the support of a child under the parental roof, although the child has reached the age of majority, nor the expenses of education be held as advancements unless charged as such by the parent.

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