Except as otherwise permitted by law, in administering a trust, a trustee may incur only costs that are appropriate and reasonable in relation to the assets, the purposes of the trust, and the skills of the trustee.
Ohio Rev. Code Ann. § 5808.05
Reasonable administrative costs allowed
Effective: January 1, 2007; Latest Legislation: House Bill 416 - 126th General Assembly
Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.