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17 chapters · 226 sections in this title.
Ohio Rev. Code Ann. § 5810.01 Breach of trust defined - judicial remedies
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(A) A violation by a trustee of a duty the trustee owes to a beneficiary is a breach of trust.(B) To remedy a breach of trust that has occurred or may occur, the court may do any of the following:(1) Compel the trustee to perform the trustee's duties;(2) Enjoin the trustee from c…
Ohio Rev. Code Ann. § 5810.02 Liability to beneficiaries for breach - contribution
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(A) A trustee who commits a breach of trust is liable to the beneficiaries affected for the greater of the following:(1) The amount required to restore the value of the trust property and trust distributions to what they would have been had the breach not occurred;(2) The profit …
Ohio Rev. Code Ann. § 5810.03 Trustee not accountable or liable for profit or loss absent breach
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(A) Absent a breach of trust, a trustee is not accountable to a beneficiary for any profit made by the trustee arising from the administration of the trust.(B) Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust prop…
Ohio Rev. Code Ann. § 5810.04 Award of costs, expenses, and attorney fees from trust
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In a judicial proceeding involving the administration of a trust, including a trust that contains a spendthrift provision, the court, as justice and equity may require, may award costs, expenses, and reasonable attorney's fees to any party, to be paid by another party, from the t…