Ohio Revised Code Chapter 5805 - Spendthrift Trust Provisions

• Section 5805.01 - Validity And Effect Of Spendthrift 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...
• Section 5805.02 - Enforceability And Enforcement Of Spendthrift Provisions.
  (A) As used in this section, "child" includes any person for whom an order or judgment for child support has been entered in this...
• Section 5805.03 - Creditors Of Discretionary Trust Beneficiary May Not Reach Interest.
  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...
• Section 5805.04 - Creditor May Not Compel Discretionary Distribution - Exceptions.
  (A) As used in this section, "child" includes any person for whom an order or judgment for child support has been entered in this...
• Section 5805.05 - Attachment Of Mandatory Distributions Absent Spendthrift Provision.
  (A) To the extent that a trust that gives a beneficiary the right to receive one or more mandatory distributions does not contain a...
• Section 5805.06 - Rights Of Settlor's Creditors - Power Of Withdrawal.
  (A) Whether or not the terms of a trust contain a spendthrift provision, all of the following apply: (1) During the lifetime of the...
• Section 5805.07 - Trust Property Not Subject To Personal Obligations Of Trustee.
  Trust property is not subject to personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt. Effective Date: 01-01-2007

Last modified: October 10, 2016