Ohio Statutes
§ 5816.13 — Discretionary interests not property of a beneficiary
Ohio § 5816.13
This text of Ohio § 5816.13 (Discretionary interests not property of a beneficiary) 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. § 5816.13 (2026).
Text
No beneficiary or other person shall be considered to have a property interest in any property of a legacy trust to the extent that the distribution of that property is subject to the discretion of one or more qualified trustees or advisors, either acting alone or in conjunction with any other person, including any person authorized to veto any distributions from the legacy trust.
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Legislative History
Effective: March 27, 2013 | Latest Legislation: House Bill 479 - 129th General Assembly
Nearby Sections
14
§ 5816.01
Short title§ 5816.02
Definitions§ 5816.03
Spendthrift Provisions§ 5816.04
Limits to transferor's authority§ 5816.08
Avoidance of qualified dispositions§ 5816.12
Rules regarding discretion§ 5816.14
Applicability of chapterCite This Page — Counsel Stack
Bluebook (online)
Ohio § 5816.13, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/5816.13.