Virginia — Title 64.2 · Chapter 7

• § 64.2-700 — Scope
• § 64.2-701 — Definitions
• § 64.2-702 — Knowledge
• § 64.2-703 — Default and mandatory rules
• § 64.2-704 — Common law of trusts; principles of equity
• § 64.2-705 — Governing law
• § 64.2-706 — Principal place of administration
• § 64.2-707 — Methods and waiver of notice
• § 64.2-708 — Others treated as qualified beneficiaries
• § 64.2-709 — Nonjudicial settlement agreements
• § 64.2-710 — Role of court in administration of trust
• § 64.2-711 — Jurisdiction over trustee and beneficiary
• § 64.2-712 — Proceedings to appoint or remove trustees
• § 64.2-713 — Pleadings; parties; orders; notice
• § 64.2-714 — Representation; basic effect
• § 64.2-715 — Representation by holder of general testamentary power of appointment
• § 64.2-716 — Representation by fiduciaries and parents or other ancestors
• § 64.2-717 — Representation by person having substantially identical interest
• § 64.2-718 — Appointment of representative
• § 64.2-719 — Methods of creating trust
• § 64.2-720 — Requirements for creation
• § 64.2-721 — Trusts created in other jurisdictions
• § 64.2-722 — Trust purposes
• § 64.2-723 — Charitable purposes; enforcement
• § 64.2-724 — Creation of trust induced by fraud, duress, or undue influence
• § 64.2-724.1 — Validity of trust or trust instrument; presumption of undue influence
• § 64.2-725 — Evidence of oral trust
• § 64.2-726 — Trust for care of animal
• § 64.2-727 — Noncharitable trust without ascertainable beneficiary
• § 64.2-728 — Modification or termination of trust; proceedings for approval or disapproval
• § 64.2-729 — Modification or termination of noncharitable irrevocable trust by consent
• § 64.2-730 — Modification or termination because of unanticipated circumstances or inability to administer trust effectively
• § 64.2-731 — Cy pres
• § 64.2-732 — Modification or termination of uneconomic trust
• § 64.2-733 — Reformation to correct mistakes
• § 64.2-734 — Modification to achieve settlor's tax objectives
• § 64.2-735 — Combination and division of trusts
• § 64.2-736 — Amendment of trust where gift, grant, or will establishes private foundation or constitutes a charitable trust or a split-interest trust
• § 64.2-737 — Distribution of income of trust that is a private foundation or a charitable trust; prohibitions as to such private foundation
• § 64.2-738 — Prohibitions as to trust that is deemed a split-interest trust
• § 64.2-739 — Application of §§ 64.2-737 and 64.2-738
• § 64.2-740 — Interpretation of references to Internal Revenue Code in §§ 64.2-736 through 64.2-739
• § 64.2-741 — Powers of courts not impaired by §§ 64.2-736 through 64.2-740
• § 64.2-742 — Rights of beneficiary's creditor or assignee
• § 64.2-743 — Spendthrift provision
• § 64.2-744 — Exceptions to spendthrift provision
• § 64.2-745 — Certain claims for reimbursement for public assistance
• § 64.2-745.1 — Self-settled spendthrift trusts
• § 64.2-745.2 — Definitions; right to withdraw
• § 64.2-746 — Discretionary trusts; effect of standard
• § 64.2-747 — Creditor's claim against settlor
• § 64.2-748 — Overdue distribution
• § 64.2-749 — Personal obligations of trustee
• § 64.2-750 — Capacity of settlor of revocable trust
• § 64.2-751 — Revocation or amendment of revocable trust
• § 64.2-752 — Settlor's powers; powers of withdrawal
• § 64.2-753 — Limitation on action contesting validity of revocable trust; distribution of trust property
• § 64.2-754 — Accepting or declining trusteeship
• § 64.2-755 — Trustee's bond
• § 64.2-756 — Cotrustees
• § 64.2-757 — Vacancy in trusteeship; appointment of successor
• § 64.2-758 — Resignation of trustee
• § 64.2-759 — Removal of trustee
• § 64.2-760 — Delivery of property by former trustee
• § 64.2-761 — Compensation of trustee
• § 64.2-762 — Reimbursement of expenses
• § 64.2-763 — Duty to administer trust and invest
• § 64.2-764 — Duty of loyalty
• § 64.2-765 — Impartiality
• § 64.2-766 — Prudent administration
• § 64.2-767 — Costs of administration
• § 64.2-768 — Trustee's skills
• § 64.2-769 — Delegation by trustee
• § 64.2-771 — Control and protection of trust property
• § 64.2-772 — Recordkeeping and identification of trust property
• § 64.2-773 — Enforcement and defense of claims
• § 64.2-774 — Collecting trust property
• § 64.2-775 — Duty to inform and report
• § 64.2-776 — Discretionary powers; tax savings
• § 64.2-777 — General powers of trustee
• § 64.2-778 — Specific powers of trustee
• § 64.2-779 — Distribution upon termination
• § 64.2-779.1 — Scope
• § 64.2-779.2 — Fiduciary duty
• § 64.2-779.3 — Application; governing law
• § 64.2-779.4 — Reasonable reliance
• § 64.2-779.5 — Notice; exercise of decanting power
• § 64.2-779.6 — Court involvement
• § 64.2-779.7 — Formalities
• § 64.2-779.8 — Decanting power under expanded distributive discretion
• § 64.2-779.9 — Decanting power under limited distributive discretion
• § 64.2-779.10 — Trust for beneficiary with disability
• § 64.2-779.11 — Protection of charitable interest
• § 64.2-779.12 — Trust limitation on decanting
• § 64.2-779.13 — Change in compensation
• § 64.2-779.14 — Relief from liability and indemnification
• § 64.2-779.15 — Removal or replacement of authorized fiduciary
• § 64.2-779.16 — Tax-related provisions
• § 64.2-779.17 — Duration of second trust
• § 64.2-779.18 — Need to distribute not required
• § 64.2-779.19 — Savings provision
• § 64.2-779.20 — Trust for care of animal
• § 64.2-779.21 — Terms of second trust
• § 64.2-779.22 — Settlor
• § 64.2-779.23 — Later-discovered property
• § 64.2-779.24 — Obligations
• § 64.2-779.25 — Accountings
• § 64.2-779.26 — Definitions
• § 64.2-779.27 — Application
• § 64.2-779.28 — Exclusions
• § 64.2-779.29 — Powers of trust director
• § 64.2-779.30 — Limitations on trust director
• § 64.2-779.31 — Duty and liability of trust director
• § 64.2-779.32 — Duty and liability of directed trustee
• § 64.2-779.33 — Duty to provide information to trust director or trustee
• § 64.2-779.34 — No duty to monitor, inform, or advise
• § 64.2-779.35 — Limitation of action against trust director
• § 64.2-779.36 — Defenses in action against trust director
• § 64.2-779.37 — Jurisdiction over trust director
• § 64.2-779.38 — Office of trust director
• § 64.2-780 — Definition of terms
• § 64.2-781 — Prudent investor rule
• § 64.2-782 — Standard of care; portfolio strategy; risk and return objectives
• § 64.2-783 — Diversification by trustee
• § 64.2-784 — Duties at inception of trusteeship
• § 64.2-785 — Loyalty and impartiality
• § 64.2-786 — Investment costs
• § 64.2-787 — Reviewing compliance
• § 64.2-788 — Delegation of investment and management functions
• § 64.2-789 — Language invoking standard of article
• § 64.2-790 — Application to existing trusts
• § 64.2-791 — Uniformity of application and construction
• § 64.2-792 — Remedies for breach of trust
• § 64.2-793 — Damages for breach of trust
• § 64.2-794 — Damages in absence of breach
• § 64.2-795 — Attorney fees and costs
• § 64.2-796 — Limitation of action against trustee
• § 64.2-797 — Reliance on trust instrument
• § 64.2-798 — Event affecting administration or distribution
• § 64.2-799 — Exculpation of trustee
• § 64.2-800 — Beneficiary's consent, release, or ratification
• § 64.2-801 — Limitation on personal liability of trustee
• § 64.2-802 — Interest as general partner
• § 64.2-803 — Protection of person dealing with trustee
• § 64.2-804 — Certification of trust
• § 64.2-805 — Uniformity of application and construction
• § 64.2-806 — Electronic records and signatures
• § 64.2-808 — Application to existing relationships