Section 5817.13 | Subsequent Modification of Trust.
Effective: March 22, 2019 Latest Legislation: House Bill 595 – 132nd General Assembly (A) After a declaration of a trust’s validity under division (B)(1) of section 5817.10 of the Revised Code, the trust may be modified, terminated, revoked, or reformed under sections 5804.10 to 5804.16 of the Revised Code, or other applicable law. (B) The […]
Section 5817.01 | Definitions.
Effective: March 22, 2019 Latest Legislation: House Bill 595 – 132nd General Assembly As used in this chapter: (A)(1) “Beneficiary under a trust” means either of the following: (a) Any person that has a present or future beneficial interest in a trust, whether vested or contingent; (b) Any person that, in a capacity other than […]
Section 5817.02 | Action by Testator.
Effective: March 22, 2019 Latest Legislation: House Bill 595 – 132nd General Assembly (A) A testator may file a complaint with the probate court to determine before the testator’s death that the testator’s will is a valid will subject only to subsequent revocation or modification of the will. The right to file a complaint for […]
Section 5817.03 | Action by Settlor.
Effective: March 22, 2019 Latest Legislation: House Bill 595 – 132nd General Assembly (A) A settlor may file a complaint with the probate court to determine before the settlor’s death that the settlor’s trust is valid and enforceable under its terms, subject only to a subsequent revocation or modification of the trust. The right to […]