1. Collections
  2. Code of Virginia
  3. Title 64.2
  4. Subtitle III
  5. Chapter 7

8

Uniform Trust Decanting Act

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    64.2-779.1Scope64.2-779.2Fiduciary duty64.2-779.3Application; governing law64.2-779.4Reasonable reliance64.2-779.5Notice; exercise of decanting power64.2-779.6Court involvement64.2-779.7Formalities64.2-779.8Decanting power under expanded distributive discretion64.2-779.9Decanting power under limited distributive discretion64.2-779.10Trust for beneficiary with disability64.2-779.11Protection of charitable interest64.2-779.12Trust limitation on decanting64.2-779.13Change in compensation64.2-779.14Relief from liability and indemnification64.2-779.15Removal or replacement of authorized fiduciary64.2-779.16Tax-related provisions64.2-779.17Duration of second trust64.2-779.18Need to distribute not required64.2-779.19Savings provision64.2-779.20Trust for care of animal64.2-779.21Terms of second trust64.2-779.22Settlor64.2-779.23Later-discovered property64.2-779.24Obligations64.2-779.25Accountings