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TABLE OF CONTENTS & APPENDIX REFERENCE

 

Page

Table Of Contents

1

Appendix Index

4

Index Of Statute Sections
(Reprise & Comment)

5


SECTION ONE
OVERVIEW OF THE VIRGINIA UNIFORM TRUST CODE DESK REFERENCE

 

Article
Section
Page
 

TEXT

NA


11

 
VUTC--Synopsis & discussion
NA
16
 
VUTC--Statute-reprise

NA


16

SECTION TWO
VIRGINIA'S PRIOR BODY OF TRUST AND RELATED
LAWS AND ITS RELATION TO THE UNIFORM TRUST CODE

 

Article
Section
Page
I.

Review Of Virginia's Prior
Trust Law

NA


44

II.
History Of The Enactment
Of Virginia's Revised
Uniform Trust Code
NA
45

SECTION THREE
VIRGINIA UNIFORM TRUST CODE

III.

Legislation Enacting
The Code

541.01 + Act


46

IV.

Virginia Uniform
Trust Code's
Transitional Rules

541.06


57

V.

Rules Regarding
Representation Of Trust
Interested Persons

543.01-543.05


59

VI.

Overview, General Provisions
And Application
Of Trust Law

541-541.022
541.06-541.07
551.01-551.03

67


 

 

Article
Section
Page
VII.

Definitions Applying To The Virginia
Uniform Trust Code

541.03


78

VIII.

Applicability Of The Code And Primacy
Of The Trust Instrument--Default And
Mandatory Rules

541.05


95

IX.

Principal Place Of Trust Administration
And Transfers

541.08


98

X.

Role of Court; Jurisdiction

542.01-542.06


103

XI.

Notice Of Proceedings And Waiver
Thereof And Knowledge

541.09 + 541.04


118

XII.

Nonjudicial And Judicial
Settlement Agreements

541.11


122

XIII.

Trust Beneficiaries

541.03
544.05
541.10


129

XIV.

Methods Of Creating And
Validating Trusts

544.01-533.07


136

XV.

Creating And Enforcing Special Trusts
For Animal Care And Noncharitable-
Unascertainable Beneficiary
Limited Term Trusts

544.08 + 544.09


189

XVI.

Modification, Reformation And
Termination Of Trusts

544.10-544.23


196

XVII.

Creditor Claims Against Trust
Beneficiaries--Spendthrift Trusts

545.01-545.03:1


227

XVIII.

Creditor Claims Against Beneficiaries
Of Discretionary Distribution Trusts

545.04


244

XIX.

Creditor Claims Against Trust Settlor
And Holder Of Power Of Withdrawal,
Etc.

545.05-545.07


248

 

Article
Section
Page
XX.

Revocability And Amendability Of Trusts

546.01-546.02


256

XXI.

Settlor Powers Over Revocable Trust

546.03A


268

XXII.

When Withdrawal Power Holder Has
Powers Of Settlor Of Revocable
Trust

546.03B


269

XXIII.

Limitation Of Judicial Proceedings
Initiated By Interested Person To
Contest Validity Of Trust Irrevocable
At Settlor's Death

546.04


270

XXIV.

Trustee Protection For Distributions
From Trust Becoming Irrevocable at
Settlor's Death

546.04B


272

XXV.

Beneficiary Liability For Returning
Irrevocable Trust's Distributions
Made Voidable By Later Trust
Challenge

546.04B3


274

XXVI.

The Office Of Trustee

547.01-547.09


275

XXVII.

Trustee Duties

548.01-548.13


306

XXVIII.

Trustee Powers

548.14-548.17


382

XXIX.

Trust Investment Rules

548.01
26-45.3-26-45.14


408

XXX.

Trustee Liability For
Breach Of Trust

550.01-550.11


450

XXXI.

Contractual Liability Of
Revocable Trust Settlor
Acting As General Partner

550.11D


501

XXXII.

Protection Of Nonbeneficiaries
Who Deal With Trustee

550.12


507

XXXIII.

Certification Of Trust

550.13


510


APPENDIX DOCUMENTS

 
Page
Appendix Index

513

Appendix I:
Compendium Of Mandatory And Default Provisions
According To C.O.V. §55-541.05B & 1-11

514

Appendix II:
Trust Forms And Explanatory Notes

577

Appendix III:
Sample (Annotated) Husband/Wife
Revocable Trust

661

Index

693


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