Supreme Court of Georgia October 6, 1997, S97A0864 (Caldwell v. Walraven)

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.