5815.01 Inheritance and bequest defined.
5815.01 Inheritance and bequest defined.
Except when the intent of the settlor clearly is to the contrary, the following rules of construction shall apply in interpreting the terms “inheritance” and “bequest” :
(A) The term “inheritance,” in addition to its meaning at common law or under any other section or sections of the Revised Code, includes any change of title to real property by reason of the death of the owner of that real property, regardless of whether the owner died testate or intestate.
(B) The term “bequest,” in addition to its meaning at common law or under any other section or sections of the Revised Code, includes any disposition of real property that occurs as a result of the death of the settlor.
Effective Date: 01-01-2007