Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 64-2-779-15 — Virginia Law | CourtGPT
  1. Home/
  2. Laws/
  3. Virginia/
  4. Title 64.2 - Wills, Trusts, and Fiduciaries/
  5. Chapter 7/
  6. § 64-2-779-15
Virginia Legal Code

§ 64-2-779-15

Ask AI about this
An authorized fiduciary may not exercise the decanting power to modify a provision in a first-trust instrument granting another person power to remove or replace the fiduciary unless:\n1. The person holding the power consents to the modification in a signed record and the modification applies only to the person;\n2. The person holding the power and the qualified beneficiaries of the second trust consent to the modification in a signed record and the modification grants a substantially similar power to another person; or\n3. The court approves the modification and the modification grants a substantially similar power to another person.\n2017, c. 592.