Ohio Trust Code Update: Recent Developments
University of Akron - School of Law
April 26, 2010
Probate Law Journal of Ohio, Vol. 20, 2009
U of Akron Legal Studies Research Paper No. 10-06
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.
Number of Pages in PDF File: 17
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
JEL Classification: K1
Date posted: April 27, 2010
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