HB 446: Modify trust and probate laws

This bill aims to modify Ohio's trust and probate laws. The bill makes several changes to existing laws, including sections related to fraudulent transfers and obligations. A transfer or obligation is considered fraudulent if the debtor made it with the intention to hinder, delay, or defraud creditors, or if it was made without receiving a reasonably equivalent value. The bill also adds new provisions to the law, including a definition of a "fraudulent transfer" and specific circumstances under which a transfer or obligation is considered fraudulent. Additionally, the bill repeals several existing laws and reenacts new laws to reflect the changes made. The bill's intent is to provide clarity and consistency in Ohio's trust and probate laws, and to prevent fraudulent activities.