Georgia Asset Protection Summary
The Code of Georgia offers a Homestead exemption of up to $5000 in value. See O.C.G.A. §44-13-1
Life Insurance and Annuities
In Georgia, the “cash value” of a life insurance policy and annuity contract is exempt from creditors. O.C.G.A. § 33-25-11
§§ 33-25-11 and 33-28-7. Cash surrender value and proceeds of life insurance policies and annuity contracts not liable to attachment, garnishment, or legal process in favor of creditors; proceeds payable to insured’s estate, executor, administrator, or assign to become part of insured’s estate.
Funds and benefits from an IRA are exempt from creditors. O.C.G.A. § 18-4-22
A judgment creditor may charge a debtor-partner’s partnership interest with payment of any unsatisfied debt. This is not the judgment creditor’s exclusive remedy. O.C.G.A. § 14-9-703
- Georgia Business Corporations Act
- To view this Act, see O.C.G. A. § 14-2-101.
- Georgia Limited Liability Company Act
- To view this Act, see O.C.G. A. § 14-11-100.
- Georgia Partnerships
- To view this Act, see O.C.G. A. § 14-8-100.
- Georgia Limited Partnerships
- To view this Act, see O.C.G. A. § 14-9A-1.
- Revised Uniform Limited Partnership Act
- To view this Act, see O.C.G. A. § 14-9-100.
The Asset Protection Society makes every attempt to keep the material on its web-pages up to date and accurate. Having said that, The APS does not warrant the material on this site and you should ALWAYS seek out the advice of a local advisor in your state who can give you individual advice for your particular situation and confirm the status of your state laws.