Except as otherwise provided in the will, income received by an executor during the period of administration from property that is used to pay debts, taxes, expenses of administration, general testamentary gifts, and other expenses chargeable to corpus shall be paid to the income beneficiaries of the residuum of the estate; provided, however, that nothing contained in this Code section shall alter or repeal Code Section 53-4-60.
History. Code 1981, § 53-7-7 , enacted by Ga. L. 1996, p. 504, § 10.
Structure Georgia Code
Title 53 - Wills, Trusts, and Administration of Estates
Chapter 7 - Administration of Estates Generally
Article 1 - Powers and Duties Generally
§ 53-7-1. General Powers and Duties of Personal Representative; Additional Powers
§ 53-7-2. Administration of Entire Estate; Distribution of Residuum
§ 53-7-3. Powers and Immunities of Administrator With Will Annexed
§ 53-7-7. Disposition of Income Received During Administration
§ 53-7-8. Support and Education of Minor Heirs and Beneficiaries Without Conservators