17 chapters · 226 sections in this title.
Ohio Rev. Code Ann. § 5804.01 Methods of creation of trusts
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A trust may be created by any of the following methods:(A) Transfer of property to another person as trustee during the settlor's lifetime or by will or other disposition taking effect upon the settlor's death;(B) Declaration by the owner of property that the owner holds identifi…
Ohio Rev. Code Ann. § 5804.02 General requirements for creation of trust
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(A) A trust is created only if all of the following apply:(1) Subject to division (F) of this section, the settlor of the trust, other than the settlor of a trust created by a court order, has capacity to create a trust.(2) Subject to division (F) of this section, the settlor of …
Ohio Rev. Code Ann. § 5804.03 Validity of nontestamentary trusts
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A trust not created by will is validly created if its creation complies with the law of the jurisdiction in which the trust instrument was executed or the law of the jurisdiction in which, at the time of creation, any of the following applies:(A) The settlor was domiciled in, had…
Ohio Rev. Code Ann. § 5804.04 Trust purposes must be legitimate
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A trust may be created only to the extent that its purposes are lawful, not contrary to public policy, and possible to achieve. A trust exists, and its assets shall be held, for the benefit of its beneficiaries in accordance with the interests of the beneficiaries in the trust.