1. Home
  2. Browse Decisions
  3. Ohio
  4. 160 Ohio
  5. 160 Ohio App.3d 831 (2005)
 

WOOD v. U.S. BANK, N.A.

No. C-040162.

160 Ohio App.3d 831 (2005)

2005-Ohio-2341

WOOD, Appellant, v. U.S. BANK, N.A., Appellee.

Court of Appeals of Ohio, First District, Hamilton County.

Decided May 13, 2005.

Attorney(s) appearing for the Case

William H. Blessing, for appellant.

Taft, Stettinius & Hollister LLP, and Timothy C. Sullivan, for appellee.

PAINTER, Judge.

{¶ 1} This case turns on a question of law that has received little judicial attention in Ohio. Does a trustee have a duty to diversify the assets of a trust when the language of the trust authorizes retention of a specific asset, namely stock in the corporate trustee?

{¶ 2} We hold that even if the trust document allows the trustee to "retain" assets that would not normally be suitable, the trustee's duty...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases