Virginia § 64.2-752 Settlor's powers; powers of withdrawal

Virginia Statutes

§ 64.2-752 — Settlor's powers; powers of withdrawal

Virginia § 64.2-752

JurisdictionVirginia

Title 64.2Wills, Trusts, and Fiduciaries

Subtitle IIITrusts

Ch. 7Uniform Trust Code

Art. 6Revocable Trusts

This text of Virginia § 64.2-752 (Settlor's powers; powers of withdrawal) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 64.2-752 (2026).

Text

A.While a trust is revocable, rights of the beneficiaries are subject to the control of, and the duties of the trustee are owed exclusively to, the settlor.

B.While a trust is revocable, the trustee may follow a direction of the settlor that is contrary to the terms of the trust.

C.During the period the power may be exercised, the holder of a power of withdrawal has the rights of a settlor of a revocable trust under this section to the extent of the property subject to the power.

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A. While a trust is revocable, rights of the beneficiaries are subject to the control of, and the duties of the trustee are owed exclusively to, the settlor.

B. While a trust is revocable, the trustee may follow a direction of the settlor that is contrary to the terms of the trust.

C. During the period the power may be exercised, the holder of a power of withdrawal has the rights of a settlor of a revocable trust under this section to the extent of the property subject to the power.