{"data":{"id":"us-va/va.-code-64.2-779.14","jurisdiction":"us-va","citation":"Va. Code § 64.2-779.14","heading":"Relief from liability and indemnification","body":"A. Except as otherwise provided in this section, a second-trust instrument may not relieve an authorized fiduciary from liability for breach of trust to a greater extent than the first-trust instrument.B. A second-trust instrument may provide for indemnification of an authorized fiduciary of the first trust or another person acting in a fiduciary capacity under the first trust for any liability or claim that would have been payable from the first trust if the decanting power had not been exercised.C. A second-trust instrument may not reduce fiduciary liability in the aggregate.D. Subject to subsection C, a second-trust instrument may divide and reallocate fiduciary powers among fiduciaries, including one or more trustees, distribution advisors, investment advisors, trust protectors, or other persons, and relieve a fiduciary from liability for an act or failure to act of another fiduciary as permitted by law of the Commonwealth other than this article.2017, c. 592.","path":["Title 64.2. WILLS, TRUSTS, AND FIDUCIARIES","Subtitle III. TRUSTS","Chapter 7. UNIFORM TRUST CODE","Article 8.1. UNIFORM TRUST DECANTING ACT"],"source_url":"https://law.lis.virginia.gov/vacode/64.2-779.14/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:18:14Z","sha256":"0e2786aed46bdc6d21898e72b683ac25a922fe13f4dc2dc536d930736eb268dc","source_id":"us-va","stale":true,"prev":"us-va/va.-code-64.2-779.13","next":"us-va/va.-code-64.2-779.15"},"notice":"GroundRules: Original legal text. Not legal advice."}
