A trustee may do all of the following: (A) Collect trust property and accept or reject additions to the trust property from a settlor or any other person. |
(A) A trustee shall keep adequate records of the administration of the trust. (B) A trustee shall keep trust property separate from the trustee's own property. |
A trustee who administers a trust subject to a veto power occupies a position akin to that of a cotrustee and is responsible for taking appropriate action if ... |
Section 5801.04 - Trustee powers, duties, and relations - beneficiaries' rights · Section 5801.05 - Application of common law and equity principles · Section ... |
(A) A trustee shall keep the current beneficiaries of the trust reasonably informed about the administration of the trust and of the material facts necessary ... |
Chapters 5801. to 5811. of the Revised Code govern the duties and powers of a trustee, relations among trustees, and the rights and interests of a beneficiary. |
Under the Ohio Trust Code, a trustee must take reasonable steps to enforce claims of the trust, to defend claims against the trust, to collect trust property ... |
Brucken made successful efforts to repeal the Ohio additional estate tax (the sponge tax) and acquired the title “Sponge. Bob.” He is the lawyer co-chair of the ... |
The Ohio Trust Code outlines how trustees throughout the state are required to fulfill their obligations. Our Cleveland trust attorneys understand the Code and ... |
“A trustee shall keep the current beneficiaries of the trust reasonably informed about the administration of the trust and of the material facts necessary for ... |
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