GroundRules
← Search the law
Ohio · Through 2013-03-27 (House Bill 479 - 129th General Assembly)

Ohio Rev. Code § 5816.13: Discretionary interests not property of a beneficiary.

Read at publisher ↗
Where this section sits in the code
  1. Title 58 Trusts
  2. Chapter 5816 Ohio Legacy Trust Act

No beneficiary or other person shall be considered to have a property interest in any property of a legacy trust to the extent that the distribution of that property is subject to the discretion of one or more qualified trustees or advisors, either acting alone or in conjunction with any other person, including any person authorized to veto any distributions from the legacy trust.

Collected 2026-09-14T19:24:42Z. Source file · JSON

Browse this collection