{"data":{"id":"us-va/va.-code-64.2-719","jurisdiction":"us-va","citation":"Va. Code § 64.2-719","heading":"Methods of creating trust","body":"A. A trust may be created by:1. Transfer of property to another person as trustee during the settlor's lifetime by the settlor or by the settlor's agent, acting in accordance with § 64.2-1612, under a power of attorney that expressly authorizes the agent to create a trust on the settlor's behalf or by will or other disposition taking effect upon the settlor's death;2. Declaration by the owner of property that the owner holds identifiable property as trustee;3. Exercise of a power of appointment in favor of a trustee; or4. A conservator acting in accordance with § 64.2-2023.B. A circuit court, upon petition from an interested party, may create and establish a trust with such trustee and such terms as the court determines. In an order creating and establishing the trust, the court shall determine whether the trustee shall have a duty to qualify in the clerk's office; post bond, with or without surety; or file an inventory and annual accounting with the commissioner of accounts as would apply to a testamentary trustee.2005, c. 935, § 55-544.01; 2010, cc. 455, 632; 2012, c. 614; 2013, c. 523; 2016, c. 186.","path":["Title 64.2. WILLS, TRUSTS, AND FIDUCIARIES","Subtitle III. TRUSTS","Chapter 7. UNIFORM TRUST CODE","Article 4. CREATION, VALIDITY, MODIFICATION, AND TERMINATION OF TRUST"],"source_url":"https://law.lis.virginia.gov/vacode/64.2-719/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:18:14Z","sha256":"ad73d768b49be35cbe4cc4d8f55fe42c310c1c11afce0c12a5f98d7a5932ce20","source_id":"us-va","stale":true,"prev":"us-va/va.-code-64.2-718","next":"us-va/va.-code-64.2-720"},"notice":"GroundRules: Original legal text. Not legal advice."}