Uniform Trust Decanting Act | Midpage

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Code of Virginia

8

Uniform Trust Decanting Act

64.2-779.1Scope 64.2-779.2Fiduciary duty 64.2-779.3Application; governing law 64.2-779.4Reasonable reliance 64.2-779.5Notice; exercise of decanting power 64.2-779.6Court involvement 64.2-779.7Formalities 64.2-779.8Decanting power under expanded distributive discretion 64.2-779.9Decanting power under limited distributive discretion 64.2-779.10Trust for beneficiary with disability 64.2-779.11Protection of charitable interest 64.2-779.12Trust limitation on decanting 64.2-779.13Change in compensation 64.2-779.14Relief from liability and indemnification 64.2-779.15Removal or replacement of authorized fiduciary 64.2-779.16Tax-related provisions 64.2-779.17Duration of second trust 64.2-779.18Need to distribute not required 64.2-779.19Savings provision 64.2-779.20Trust for care of animal 64.2-779.21Terms of second trust 64.2-779.22Settlor 64.2-779.23Later-discovered property 64.2-779.24Obligations 64.2-779.25Accountings