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I did not see a similar statute for trusts. HOwever, under GA probate law, the personal representative is obligated to pay debts before making any payments to beneficiaries. The same rule would apply to the trustee of a trust where the assets were insufficient to pay debts and all the bequests to beneficiaries. Here is an article that explains this responsibility on the part of a personal representative. https://www.gaprobate.org/reps_duties.php
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