Ohio Panel Affirms That Decedent Had Mental Capacity To Designate IRA Beneficiary

(October 23, 2020, 9:30 AM EDT) -- CINCINNATI — A trial court correctly applied the test for testamentary capacity to determine whether a woman with dementia had the mental capacity to designate a beneficiary for her individual retirement account, an Ohio appellate panel ruled Oct. 21, affirming the lower court’s grant of judgment in favor of her son (Kimberly Webb v. The Betty S. Anderson Children Trust, et al., No. C-190600, Ohio App., 1st Dist., 2020 Ohio App. LEXIS 3810)....

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