CALDWELL v. WALRAVEN

No. S97A0864.

490 S.E.2d 384 (1997)

268 Ga. 444

CALDWELL et al. v. WALRAVEN, et al.

Supreme Court of Georgia.

October 6, 1997.


Attorney(s) appearing for the Case

Enoch Overby, Calhoun, for appellants.

Collins & Eddings, Calhoun, Robert L. Collins, Jr., for appellees.


SEARS, Justice.

SUMMARY OF THE CASE

This case raises several issues regarding the property rights of life tenants and remaindermen. This first issue is whether a life tenant who sells property pursuant to a broad power of disposition acquires fee simple title both to the proceeds of that sale and to property subsequently acquired with those proceeds. We conclude that she does not, and hold, as other jurisdictions uniformly have, that the property and...

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