IN RE ESTATE OF HOFFMAN

No. 37772.

175 Ohio St. 363 (1963)

IN RE ESTATE OF HOFFMAN.

Supreme Court of Ohio.

Decided December 26, 1963.


Attorney(s) appearing for the Case

Mr. Charles E. Pealer and Mr. Roger B. Turrell, for exceptor appellants.

Mr. Albert F. Swartz, for appellees.


MCLAUGHLIN, J.

Our main question here is: Does the deposit of money in savings accounts, indicating, on the passbooks only, the depositor himself as trustee for various persons without the relinquishing of any control and without the knowledge of the purported beneficiaries, create valid trusts to the extent that the fiduciary is barred from the savings deposits after the depositor's death?

Stripped of legal verbiage, the savings deposits in the instant case...

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