Estate of:
Schedule G – Transfers During Decedent’s Life
1. Transfers in Contemplation of Death (O.R.C. Section
3. Transfers with Reversionary Interest Retained (O.R.C.
5731.05). Any transfer in excess of $10,000 per year per
Section 5731.07). The value of the gross estate shall in-
donee made by the decedent within three years of death for
clude the value of any transfer of property or interest therein
less than adequate consideration is presumed to be in con-
made by the decedent for less than adequate consider-
templation of death and is includible in the Ohio gross es-
ation where (a) the possession or enjoyment can be ob-
tate, unless proof to the contrary can be provided. Interests
tained by the other person only by surviving the decedent
that do not qualify as present interests for the federal gift
and (b) the decedent retained a reversionary interest by
tax $10,000 exclusion will not qualify for the Ohio $10,000
express terms of the instrument which had a value as of
exclusion. Transfers made between spouses should not be
the date of death in excess of 5% of the value of property
included in the gross estate, but should be listed for infor-
transferred.
mational purposes only.
4. Transfers Subject to Change (O.R.C. Section 5731.08).
2. Transfers with Retained Enjoyment (O.R.C. Section
Any property or interest therein transferred by the dece-
5731.06). The value of the gross estate shall include the
dent without adequate consideration where the enjoyment
value of any property or interest herein that the decedent
on the date of death was subject to any change through the
transferred for less than adequate consideration and in which
exercise of a power by the decedent alone or in conjunc-
the decedent retained (a) the income or right to possession
tion with any person to alter, amend, revoke or terminate is
and enjoyment until the decedent’s death or (b) the right,
includible in the value of the gross estate.
either alone or in conjunction with any person, to designate
the person(s) who shall enjoy the property or income there-
from.
Item
Alternate
Alternate
Value at Date
Number
Description
Valuation Date
Value
of Death
1.
Total from continuation schedule(s)
Total (also enter on Recapitulation of Assets, page 2)
Schedule G
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