17 chapters · 226 sections in this title.
Ohio Rev. Code Ann. § 5805.05 Attachment of mandatory distributions absent spendthrift provision
1.6K chars
(A) To the extent that a trust that gives a beneficiary the right to receive one or more mandatory distributions does not contain a spendthrift provision, the court may authorize a creditor or assignee of the beneficiary to attach present or future mandatory distributions to or f…
Ohio Rev. Code Ann. § 5805.06 Rights of settlor's creditors - power of withdrawal
2.9K chars
(A) Whether or not the terms of a trust contain a spendthrift provision, all of the following apply: (1) During the lifetime of the settlor, the property of a revocable trust is subject to claims of the settlor's creditors. (2) Except to the extent that a trust is established pur…
Ohio Rev. Code Ann. § 5805.07 Trust property not subject to personal obligations of trustee
0.1K chars
Trust property is not subject to personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt.
Ohio Rev. Code Ann. § 5806.01 Capacity of settlor same as testator
0.2K chars
The capacity of a settlor required to create, amend, revoke, or add property to a revocable trust, or to direct the actions of the trustee of a revocable trust, is the same as that required to make a will.