Article
Ohio Trust Code Update: Recent Developments
Probate Law Journal of Ohio
(2009)
Abstract
This article is based on the author’s presentations at the 20th Annual Estate Planning Conference on Wealth Transfer in Columbus on June 26, 2009.
Since its enactment in 2006, effective January 1, 2007, the Ohio Trust Code (“OTC”) has been amended, a number of cases have been decided under it, and a variety of issues related to or raised by it have been identified. This article will review those developments.
Copyright Acknowledgment: This material is reprinted from the Probate Law Journal of Ohio with permission of Thomson Reuters. Copyright permission is on file.
Keywords
- Ohio Trust Code,
- estate planning,
- House Bill 499,
- OTC,
- trusts,
- revocable trusts,
- liability of trustee,
- Sowers v. Luginbill,
- rights of creditors,
- Vaughn v. Huntington National Bank,
- In re Trust of Lowry,
- In re Trust FBO Frank,
- Cundall v. U.S. Bank,
- private settlement agreements,
- trust decanting
Disciplines
Publication Date
2009
Publisher Statement
Copyright Acknowledgment: This material is reprinted from the Probate Law Journal of Ohio with permission of Thomson Reuters. Copyright permission is on file.
Citation Information
Alan Newman, Ohio Trust Code Update: Recent Developments, 20 Probate Law Journal of Ohio 1 (2009).