Ohio § 5812.19 Distribution from trust or estate

Ohio Statutes

§ 5812.19 — Distribution from trust or estate

Ohio § 5812.19

Title 58Trusts

Ch. 5812Uniform Principal And Income Act

This text of Ohio § 5812.19 (Distribution from trust or estate) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ohio Rev. Code Ann. § 5812.19 (2026).

Text

A trustee shall allocate to income an amount received as a distribution of income from a trust or an estate in which the trust has an interest other than a purchased interest, and shall allocate to principal an amount received as a distribution of principal from such a trust or estate. If a trustee purchases an interest in a trust that is an investment entity, or a decedent or donor transfers an interest in such a trust to a trustee, section5812.18or5812.38of the Revised Code applies to a receipt from the trust.

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A trustee shall allocate to income an amount received as a distribution of income from a trust or an estate in which the trust has an interest other than a purchased interest, and shall allocate to principal an amount received as a distribution of principal from such a trust or estate. If a trustee purchases an interest in a trust that is an investment entity, or a decedent or donor transfers an interest in such a trust to a trustee, section5812.18or5812.38of the Revised Code applies to a receipt from the trust.