Effective: January 1, 2007
Latest Legislation: House Bill 416 - 126th General Assembly
Trust property is not subject to personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt.
Structure Ohio Revised Code
Chapter 5805 | Spendthrift Trust Provisions
Section 5805.01 | Validity and Effect of Spendthrift Provisions.
Section 5805.02 | Enforceability and Enforcement of Spendthrift Provisions.
Section 5805.03 | Creditors of Discretionary Trust Beneficiary May Not Reach Interest.
Section 5805.04 | Creditor May Not Compel Discretionary Distribution - Exceptions.
Section 5805.05 | Attachment of Mandatory Distributions Absent Spendthrift Provision.
Section 5805.06 | Rights of Settlor's Creditors - Power of Withdrawal.
Section 5805.07 | Trust Property Not Subject to Personal Obligations of Trustee.