Section 2115.01 | Inventory Defined.

Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly As used in Chapters 2113. to 2125., inclusive, of the Revised Code, “inventory” includes appraisement.

Section 2115.02 | Inventory – Separate Schedule.

Effective: January 13, 2012 Latest Legislation: Senate Bill 124 – 129th General Assembly Within three months after the date of the executor’s or administrator’s appointment, unless the probate court grants an extension of time for good cause shown, the executor or administrator shall file with the court an inventory of the decedent’s interest in real […]

Section 2115.03 | Proceedings on Refusal to File Inventory.

Effective: January 13, 2012 Latest Legislation: Senate Bill 124 – 129th General Assembly If an executor or administrator neglects or refuses to return an inventory as provided by section 2115.02 of the Revised Code, the probate court shall issue an order requiring the executor or administrator, at an early day specified in the order, to […]

Section 2115.04 | Notice of Inventory.

Effective: October 1, 1953 Latest Legislation: House Bill 1 – 100th General Assembly Not less than five days previous thereto, a written notice stating the time and place of making the inventory required by section 2115.02 of the Revised Code, must be served by the executor or administrator on the surviving spouse, but such notice […]

Section 2115.05 | Who Shall Make Inventory.

Effective: January 1, 1971 Latest Legislation: Senate Bill 185 – 108th General Assembly After giving the notice required in section 2115.04 of the Revised Code, the executor or administrator, with the aid of the appraiser, if an appraisement is to be made, shall make the inventory required by section 2115.02 of the Revised Code.

Section 2115.06 | Appraisers – Compensation – Fees May Be Charged Against the Estate.

Effective: January 13, 2012 Latest Legislation: Senate Bill 124 – 129th General Assembly The real property and personal property comprised in the inventory required by section 2115.02 of the Revised Code, unless an appraisement of that real property or personal property has been dispensed with by an order of the probate court, shall be appraised […]

Section 2115.07 | Oath and Duties of Appraisers.

Effective: October 8, 1992 Latest Legislation: House Bill 427 – 119th General Assembly Before proceeding to the execution of their duties, the appraisers of a decedent’s estate shall agree that they will truly, honestly, and impartially appraise the estate and property exhibited to them and perform the other duties required in the premises according to […]

Section 2115.09 | Inventory Contents.

Effective: January 13, 2012 Latest Legislation: Senate Bill 124 – 129th General Assembly The inventory required by section 2115.02 of the Revised Code shall contain a particular statement of all securities for the payment of money that belong to the deceased and are known to the executor or administrator. The inventory shall specify the name […]

Section 2115.10 | Emblements to Be Included in Inventory – Right of Entry.

Effective: January 13, 2012 Latest Legislation: Senate Bill 124 – 129th General Assembly The emblements raised by labor, whether severed or not from the land of the deceased at the time of the decedent’s death, are assets in the possession or under the control of the executor or administrator and shall be included in the […]

Section 2115.11 | Discharge of a Debt in a Will.

Effective: January 13, 2012 Latest Legislation: Senate Bill 124 – 129th General Assembly The discharge or bequest, in a will, of a debt or demand of a testator against an executor named in the will, or against any other person, is not valid as against the decedent’s creditors, but is only a specific bequest of […]

Section 2115.12 | Naming of Person Executor Does Not Discharge Debt.

Effective: January 13, 2012 Latest Legislation: Senate Bill 124 – 129th General Assembly The naming of a person as executor in a will shall not operate as a discharge or bequest of a just claim that the testator had against that executor. The claim shall be included among the assets of the deceased in the […]

Section 2115.15 | Signing, Certifying, and Return of Inventory.

Effective: October 8, 1992 Latest Legislation: House Bill 427 – 119th General Assembly Upon the completion of the inventory required by section 2115.02 of the Revised Code, it shall be signed by the appraisers at its end, and the appraisers shall certify that the inventory is a true and correct appraisement of the property exhibited […]

Section 2115.16 | Hearing on Inventory.

Effective: January 13, 2012 Latest Legislation: Senate Bill 124 – 129th General Assembly Upon the filing of the inventory required by section 2115.02 of the Revised Code, the probate court shall set a day, not later than one month after the day the inventory was filed, for a hearing on the inventory. The executor or […]

Section 2115.17 | Real Property Appraisal Conclusive.

Effective: January 13, 2012 Latest Legislation: Senate Bill 124 – 129th General Assembly When the inventory required by section 2115.02 of the Revised Code has been approved by the probate court, the appraisement of the real property as set forth in the inventory shall be conclusive for all purposes except estate tax, unless a reappraisal […]