Va. Code § 64.2-779.18: Need to distribute not required
Where this section sits in the code
- Title 64.2. WILLS, TRUSTS, AND FIDUCIARIES
- Subtitle III. TRUSTS
- Chapter 7. UNIFORM TRUST CODE
- Article 8.1. UNIFORM TRUST DECANTING ACT
An authorized fiduciary may exercise the decanting power whether or not under the first trust's discretionary distribution standard the fiduciary would have made or could have been compelled to make a discretionary distribution of income or principal at the time of the exercise.2017, c. 592.
Collected 2026-09-04T15:18:14Z. Source file · JSON