Probate Law Journal of Ohio, Vol. 20, 2009
17 Pages Posted: 27 Apr 2010
Date Written: April 26, 2010
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.
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
Suggested Citation: Suggested Citation
Newman, Alan, Ohio Trust Code Update: Recent Developments (April 26, 2010). Probate Law Journal of Ohio, Vol. 20, 2009; U of Akron Legal Studies Research Paper No. 10-06. Available at SSRN: https://ssrn.com/abstract=1596235