Trust advisors; eligibility; default fiduciary status

Ohio Rev. Code Ann. § 5816.11, under Chapter 5816 | Ohio Legacy Trust Act.

Ohio Rev. Code Ann. § 5816.11

(A) Any person may serve as an advisor of a legacy trust except that a transferor may act as an advisor only in connection with investment decisions. (B) An advisor shall be considered a fiduciary unless the terms of a legacy trust instrument expressly provide otherwise.