The Ohio Trust Code and Revocable Trusts: Duties of the Trustee While the Settlor is Living
Document Type
Article
Publication Date
2007
Abstract
In this article, Alan Newman examines the fiduciary responsibilities of trustees managing revocable trusts under the Ohio Trust Code (OTC) during the settlor's lifetime. He analyzes the implications of R.C. §5806.03(A), which stipulates that a trustee's duties are owed exclusively to the settlor while the trust remains revocable and the settlor is alive. Newman discusses the balance between the settlor's control over the trust and the trustee's obligations, highlighting potential challenges and considerations in trust administration during the settlor's lifetime.
Publication Title
Probate Law Journal of Ohio
Volume
17
First Page
103
Recommended Citation
Newman, Alan, "The Ohio Trust Code and Revocable Trusts: Duties of the Trustee While the Settlor is Living" (2007). Akron Law Faculty Publications. 392.
https://ideaexchange.uakron.edu/ua_law_publications/392
Comments
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