Ohio Revised Code
Chapter 5731 | Estate Tax
Section 5731.11 | Value of Gross Estate Includes Interests Subject to General Power of Appointment.

Effective: April 1, 1972
Latest Legislation: Senate Bill 398 - 109th General Assembly
(A) The value of the gross estate shall include the value of all property, to the extent of any interest with respect to which the decedent has on the date of the decedent's death a general power of appointment, or with respect to which the decedent has at any time exercised or released such a power of appointment by a disposition which is of such nature that if it were a transfer of property owned by the decedent, such property would be includible in the decedent's gross estate under sections 5731.05 to 5731.08, inclusive, of the Revised Code. A disclaimer or renunciation of such power of appointment shall not be deemed an exercise or a release of such power.
(B) For purposes of this section, "general power of appointment" means a power which is exercisable in favor of the decedent, his estate, his creditors, or the creditors of his estate.
(C) For the purposes of this section, if a general power of appointment created on or before October 21, 1942, has been partially or completely released so that it is no longer a general power of appointment, any such release of such power is neither the release nor the exercise of a general power of appointment if such release occurred before November 1, 1951, or the donee of such power was under a legal disability to release such power on October 21, 1942, and such release occurred not later than six months after the termination of such legal disability.

Structure Ohio Revised Code

Ohio Revised Code

Title 57 | Taxation

Chapter 5731 | Estate Tax

Section 5731.01 | Estate Tax Definitions.

Section 5731.011 | Value of Qualified Farm Property.

Section 5731.02 | Rate of Tax - Credit.

Section 5731.03 | Value of Gross Estate.

Section 5731.04 | Value of Gross Estate Includes Interest of Surviving Spouse.

Section 5731.05 | Value of Gross Estate Includes Transfers in Contemplation of Death.

Section 5731.06 | Value of Gross Estate Includes Transfers With Retention of Life Estate or Power of Appointment.

Section 5731.07 | Value of Gross Estate Includes Transfers Conditioned on Survivorship or Reversionary Interest.

Section 5731.08 | Value of Gross Estate Includes Transfers Subject to Power to Alter, Amend, Revoke, or Terminate.

Section 5731.09 | Value of Gross Estate Includes Annuity.

Section 5731.10 | Value of Gross Estate Includes Joint and Survivorship Property.

Section 5731.11 | Value of Gross Estate Includes Interests Subject to General Power of Appointment.

Section 5731.12 | Value of Gross Estate Includes Insurance Payable to Estate.

Section 5731.13 | Value of Gross Estate Includes Transfers for Less Than Adequate Consideration.

Section 5731.131 | Value of Gross Estate Includes Income Interest for Life Where Marital Deduction Allowable.

Section 5731.14 | Determining Taxable Estate.

Section 5731.15 | General Deductions.

Section 5731.16 | Deductions - Funeral and Administration Expenses, and Debts.

Section 5731.161 | Deductions - Estate of Transferee Spouse.

Section 5731.17 | Deductions - Charitable Bequests and Transfers.

Section 5731.18 | Additional Estate Tax Transfer of Estate.

Section 5731.181 | Additional Tax on Generation-Skipping Transfer.

Section 5731.19 | Estate Tax on Nonresidents.

Section 5731.21 | Filing Estate Tax Return.

Section 5731.22 | Failing to File Timely Return or Underpayment Due to Fraud.

Section 5731.23 | Tax Due and Payable 9 Months After Date of Death - Interest.

Section 5731.24 | Due Date for Additional Tax Return and Payment.

Section 5731.25 | Extensions.

Section 5731.26 | Tax Commissioner - Powers and Duties.

Section 5731.27 | Certificate of Determination of Final Estate Tax Liability.

Section 5731.28 | Claims for Refund.

Section 5731.30 | Filing Exceptions to Tax Commissioner's Final Determination of Taxes With Probate Court.

Section 5731.31 | Probate Court Jurisdiction.

Section 5731.32 | Appeal From Final Order of Probate Court.

Section 5731.33 | Receipt for Payment.

Section 5731.34 | Transfers of Intangible Personal Property.

Section 5731.35 | Foreign Estate Tax.

Section 5731.36 | Enforcing Claims for Foreign Estate Taxes.

Section 5731.37 | Taxes Are Lien on Property.

Section 5731.38 | Statute of Limitations.

Section 5731.39 | Written Consent of Tax Commissioner to Transfer of Assets.

Section 5731.40 | No Consent of Tax Commissioner to Transfer of Assets of Nonresident Decedents.

Section 5731.41 | Appointment of Enforcement Agents.

Section 5731.42 | Collecting Unpaid Tax.

Section 5731.43 | Representing State, Tax Commissioner and County Auditor.

Section 5731.44 | Deputies of Auditor.

Section 5731.45 | Duties of County Treasurer.

Section 5731.46 | Fees of Sheriff and Other Officers.

Section 5731.47 | Payment of Fees of Officers and Expenses of County Auditor.

Section 5731.48 | Distributing Tax Revenue.

Section 5731.49 | Determining Tax Revenues Due Political Subdivisions.

Section 5731.50 | Determining Origin of Tax on Transfer of Realty and Tangible Personalty Located in State.

Section 5731.51 | Determining Origin of Tax on Transfer of Personalty Not Located in State.

Section 5731.90 | Confidentiality.

Section 5731.99 | Penalty.