Ohio Code § 5815.21
Ohio Code § 5815.21. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 5815.21.
Whenever the executor of a will or the trustee of a testamentary or inter vivos trust
is permitted or required to select assets in kind to satisfy a gift, devise, or bequest,
whether outright or in trust, intended to qualify for the federal estate tax marital
deduction prescribed by the United States “Internal Revenue Code of 1954,” 68A Stat.
392, 26 U.S.C.A. 2056 , or any comparable federal statute enacted after July 20, 1965, and the will or trust
instrument empowers or requires the fiduciary to satisfy such gift, devise, or bequest
by allocating assets thereto at any values other than market values at the date of
satisfaction of such gift, devise, or bequest, the executor or trustee shall satisfy
such gift, devise, or bequest by distribution of assets having a value fairly representative
in the aggregate of appreciation or depreciation in the value of all property, including
cash, available for distribution in satisfaction of such gift, devise, or bequest,
unless the will or trust instrument expressly requires that distribution be made in
a manner so as not to be fairly representative of such appreciation or depreciation.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 5815.21
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 5815.21?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 5815.21 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 5815.21 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.