Ohio Trustees Inventory

State:
Ohio
Control #:
OH-SKU-0648
Format:
PDF
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Trustees Inventory

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FAQ

Section 5807.06 Removal of trustee - grounds - protective measures. (A) The settlor, a cotrustee, or a beneficiary may request the court to remove a trustee, or the court may remove a trustee on its own initiative.

(1) To visit a relative in imminent danger of death; (2) To have a private viewing of the body of a deceased relative; (3) To visit with family; (4) To otherwise aid in the rehabilitation of the prisoner.

The inventory shall contain a statement of all debts and accounts belonging to the deceased that are known to the executor or administrator and specify the name of the debtor, the date, the balance or thing due, and the value or sum that can be collected on the debt, in the judgment of the appraisers.

Chapter 5811 Application And Construction Of Code of the Revised Code, a court may consider the need to promote uniformity of the law with respect to the subject matter of those chapters among states that enact the uniform trust code.

Section 5808.15 General powers of trustee. (2) Any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; (3) Any other powers conferred by Chapters 5801. to 5811.

If a trust has two or more beneficiaries, the trustee shall act impartially in investing, managing, and distributing the trust property, giving due regard to the beneficiaries' respective interests.

(A) A contract for sale of goods may be made in any manner sufficient to show agreement, including conduct by both parties which recognizes the existence of such a contract. (B) An agreement sufficient to constitute a contract for sale may be found even though the moment of its making is undetermined.

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Ohio Trustees Inventory