Authorizing a settlor of a trust to designate specified persons to serve as a representative or successor representative of a beneficiary of the trust, to designate specified persons who may in turn designate a representative or successor representative of a beneficiary of the trust, and to specify the order of priority among those persons; prohibiting a trustee from serving as a representative of a specified beneficiary under specified circumstances; etc.
Bill File Type: Regular
Effective Date(s): October 1, 2017
( 14.5-105, 14.5-306 )
Last Updated: 2/3/2020 2:35 PM