Dayal v. Lakshmipathy

Citations

• 163 N.E.3d 683
• 2020 Ohio 5441

Syllabus

Trial court's determination that property held in an irrevocable trust was marital property was against the manifest weight of the evidence where husband relinquished all interest in the property used to fund the trust and established the trust for wife's benefit and in order to protect the assets from federal estate taxation, thus demonstrating the donative intent necessary for the transfer to constitute a valid inter vivos gift.