INSTRUCTIONS: OHIO ASSETS AND LIABILITIES OF ESTATE TO BE RELIEVED FROM ADMINISTRATION (Form 5.1)
The document discussed in this article is to be filed during administration of Ohio estates to document assets and liabilities of the estate which the fiduciary wishes to be relieved from this process. This document can be obtained from the website maintained by the Ohio Supreme Court.
Ohio Assets And Liabilities Of Estate To Be Relieved From Administration 5.1 Step 1: Enter the name of the county on the first blank line.
Ohio Assets And Liabilities Of Estate To Be Relieved From Administration 5.1 Step 2: Enter the name of the decedent on the second blank line.
Ohio Assets And Liabilities Of Estate To Be Relieved From Administration 5.1 Step 3: Enter the case number on the third blank line.
Ohio Assets And Liabilities Of Estate To Be Relieved From Administration 5.1 Step 4: On the first line of the table below, enter the value of the first automobile selected by the surviving spouse.
Ohio Assets And Liabilities Of Estate To Be Relieved From Administration 5.1 Step 5: On the second line, enter the value of the second automobile selected by the surviving spouse.
Ohio Assets And Liabilities Of Estate To Be Relieved From Administration 5.1 Step 6: On the third line, enter the total value of these automobiles.
Ohio Assets And Liabilities Of Estate To Be Relieved From Administration 5.1 Step 7: On the next line, enter the appraised value of the real estate described in the accompany certificate of transfer, as well as the number of this certificate.
Ohio Assets And Liabilities Of Estate To Be Relieved From Administration 5.1 Step 8: On the remainder of the first page, describe and provide the value of other applicable assets. Enter their total value at the bottom of the page.
Ohio Assets And Liabilities Of Estate To Be Relieved From Administration 5.1 Step 9: The second page is for documentation of the decedent's debts. Enter the name of each creditor in the first column.
Ohio Assets And Liabilities Of Estate To Be Relieved From Administration 5.1 Step 10: Enter the nature of each debt in the second column and the amount of the debt in the third column. Complete the rest of the form as instructed.
