The bill amends sections 2127.38 and 5721.10 of the Revised Code to update the regulations regarding fees associated with the administration of probate estates. Specifically, it introduces new provisions that clarify how the sale price of real property sold by an executor, administrator, or guardian should be distributed. The amendments include a new subsection that allows a court to determine additional costs, expenses, and fees that may be paid from the sale proceeds if the estate is insolvent or if the available property is insufficient to cover the administrative costs. This ensures that fiduciaries can recover reasonable fees for their services, as well as those of attorneys involved in the estate's administration.

Additionally, the bill modifies the existing lien provisions related to delinquent taxes on real property. It specifies that the state retains the first lien on properties listed as delinquent for taxes, assessments, interest, and penalties, while also outlining the process for foreclosure proceedings if taxes remain unpaid for over a year. The amendments aim to streamline the probate process and clarify the financial responsibilities of fiduciaries, ensuring that they are compensated for their work while also addressing the state's interests in tax collection.

Statutes affected:
As Introduced: 2127.38, 5721.10