Ohio · statute · Ohio Rev. Code ch. 5805 · 7 active provisions
(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 transfer of a beneficiary's interest and permits voluntary transfer of a beneficiary's interest only with the consent of a trustee who is not the beneficiary. (B)…
(A) As used in this section, "child" includes any person for whom an order or judgment for child support has been entered in this or another state.(B) Subject to section 5805.03 of the Revised Code, a spendthrift provision is unenforceable against either of the following:(1) The beneficiary's child or spouse who has a…
Notwithstanding anything to the contrary in division (B) of section 5805.02 of the Revised Code, no creditor or assignee of a beneficiary of a wholly discretionary trust may reach the beneficiary's interest in the trust, or a distribution by the trustee before its receipt by the beneficiary, whether by attachment of pr…
(A) As used in this section, "child" includes any person for whom an order or judgment for child support has been entered in this or any other state.(B) Except as otherwise provided in divisions (C) and (D) of this section, whether or not a trust contains a spendthrift provision, a creditor of a beneficiary may not com…
(A) To the extent that a trust that gives a beneficiary the right to receive one or more mandatory distributions does not contain a spendthrift provision, the court may authorize a creditor or assignee of the beneficiary to attach present or future mandatory distributions to or for the benefit of the beneficiary or to…
(A) Whether or not the terms of a trust contain a spendthrift provision, all of the following apply: (1) During the lifetime of the settlor, the property of a revocable trust is subject to claims of the settlor's creditors. (2) Except to the extent that a trust is established pursuant to, or otherwise is wholly or part…
Trust property is not subject to personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt.