Section 2113.32 | Executors and Administrators Not to Profit.
Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly No profits shall be made by executors or administrators by the increase of any part of an estate, nor shall they sustain any loss by the decrease or destruction of such estate without their fault.
Section 2113.33 | Not Responsible for Bad Debts.
Effective: January 13, 2012 Latest Legislation: Senate Bill 124 – 129th General Assembly An executor or administrator is not accountable for debts inventoried as due to the decedent, if it appears to the probate court that, without the executor’s or administrator’s fault, they remain uncollected.
Section 2113.34 | Chargeable With Property Consumed.
Effective: January 13, 2012 Latest Legislation: Senate Bill 124 – 129th General Assembly If an executor or administrator neglects to sell personal property that is required to be sold, and retains, consumes, or disposes of it for the executor’s or administrator’s own benefit, the executor or administrator shall be charged with the personal property at […]
Section 2113.35 | Commissions.
Effective: September 29, 2015 Latest Legislation: House Bill 64 – 131st General Assembly (A) Executors and administrators shall be allowed fees upon the amount of all the personal property, including the income from the personal property, that is received and accounted for by them and upon the proceeds of real property that is sold, as […]
Section 2113.36 | Further Allowance – Counsel Fees.
Effective: January 13, 2012 Latest Legislation: Senate Bill 124 – 129th General Assembly Allowances, in addition to those provided by section 2113.35 of the Revised Code for an executor or administrator, that the probate court considers just and reasonable shall be made for actual and necessary expenses and for extraordinary services not required of an […]
Section 2113.37 | Allowance for Tombstone and Cemetery Lot.
Effective: October 12, 2006 Latest Legislation: House Bill 426 – 126th General Assembly The probate court, in settlement of an account, may allow as a credit to the following persons a just amount expended by the person for a tombstone or monument for the deceased and a just amount paid by the person to a […]
Section 2113.39 | Sale of Property Under Authority of Will.
Effective: January 13, 2012 Latest Legislation: Senate Bill 124 – 129th General Assembly If a qualified executor, administrator, or testamentary trustee is authorized by will or devise to sell any class of personal property or real property, no order shall be required from the probate court for the executor, administrator, or testamentary trustee to proceed […]
Section 2113.40 | Sale of Personal Property.
Effective: January 13, 2012 Latest Legislation: Senate Bill 124 – 129th General Assembly (A) At any time after the appointment of an executor or administrator, the probate court, if satisfied that it would be for the best interests of the estate, may authorize the executor or administrator to sell at public or private sale, at […]
Section 2113.41 | Public Sale.
Effective: January 13, 2012 Latest Legislation: Senate Bill 124 – 129th General Assembly (A) Public sales of personal property as provided in section 2113.40 of the Revised Code shall be at public auction and, unless otherwise directed by the probate court, after notice of the sale has been given by any of the following methods: […]
Section 2113.42 | Report of Sale.
Effective: October 8, 1992 Latest Legislation: House Bill 427 – 119th General Assembly Within thirty days after any public or private sale of the personal property of an estate, the executor or administrator shall make a report of the sale to the probate court. The report shall include proof of proper notice of the sale […]