Any conveyance of realty wherein a material part of the consideration is the agreement of the grantee to support the grantor during life is void at the option of the grantor, except as to bona fide purchasers for value, lienees, and mortgagees without notice, if, during the life of the grantor, he takes proceedings to annul such conveyance.

(Code 1923, §8046; Code 1940, T. 20, §15.)

Terms Used In Alabama Code 8-9-12

  • Grantor: The person who establishes a trust and places property into it.