| Trust Advisors; Eligibility; Default Fiduciary Status.

  1. Law
  2. Ohio Revised Code
  3. | Trusts
  4. | Ohio Legacy Trust Act
  5. | Trust Advisors; Eligibility; Default Fiduciary Status.

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Effective: March 27, 2013

Latest Legislation: House Bill 479 - 129th General Assembly

(A) Any person may serve as an advisor of a legacy trust except that a transferor may act as an advisor only in connection with investment decisions.

(B) An advisor shall be considered a fiduciary unless the terms of a legacy trust instrument expressly provide otherwise.


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