A spendthrift provision is valid only if it restrains both voluntary and involuntary transfer of a beneficiary's interest.

(A) A spendthrift provision is valid only if it restrains both voluntary and involuntary transfer of a beneficiary's interest or if it restrains involuntary ...

Section 5805.01 - Validity and effect of spendthrift provisions. Section 5805.02 - Enforceability and enforcement of spendthrift provisions.

22 сент. 2019 г. · Under Ohio law, specifically the Ohio Trust Code, spendthrift provisions are terms within a trust which restrain the transfer of a trust ...

In Sherrow, the Ohio Supreme Court has held that a spendthrift trust is void as against creditors. It is likely that the same result will be reached where ...

12 сент. 2018 г. · A wholly discretionary spendthrift trust is designed to protect trust assets and anticipated distributions from a beneficiary's creditors.

2023 Ohio Revised Code Title 58 | Trusts Chapter 5805 | Spendthrift Trust Provisions Section 5805.02 | Enforceability and Enforcement of Spendthrift Provisions.

9 февр. 2017 г. · A spendthrift trust is a trust used to make sure an heir who is not responsible with money doesn't waste an inheritance. An Ohio trusts ...

30 окт. 2012 г. · In 1963, the Ohio Supreme Court held that spendthrift provisions in a trust were not effective against the claims of a beneficiary's creditors.

Express recognition of the validity of spendthrift trusts in Ohio is found in Frazier v. ... The court held it to be a valid spendthrift trust, but the reasoning ...