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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
donee made by the decedent within three years of death include the value of any transfer of property or interest
for less than adequate consideration is presumed to be therein made by the decedent for less than adequate
in contemplation of death and is includible in the Ohio consideration where (a) the possession or enjoyment
gross estate, unless proof to the contrary can be provided. can be obtained by the other person only by surviving the
Interests that do not qualify as present interests for the decedent and (b) the decedent retained a reversionary
federal gift tax $10,000 exclusion will not qualify for the interest by express terms of the instrument which had a
Ohio $10,000 exclusion. Transfers made between spouses value as of the date of death in excess of 5% of the value
should not be included in the gross estate, but should be of property transferred.
listed for informational 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 exercise of a power by the decedent alone or in conjunc-
which the decedent retained (a) the income or right to tion with any person to alter, amend, revoke or terminate
possession and enjoyment until the decedent’s death or is includible in the value of the gross estate.
(b) the right, either alone or in conjunction with any person,
to designate the person(s) who shall enjoy the property
or income therefrom.
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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