Virginia § 64.2-779.34 No duty to monitor, inform, or advise

Virginia Statutes

§ 64.2-779.34 — No duty to monitor, inform, or advise

Virginia § 64.2-779.34

JurisdictionVirginia

Title 64.2Wills, Trusts, and Fiduciaries

Subtitle IIITrusts

Ch. 7Uniform Trust Code

Art. 8.2Uniform Directed Trust Act

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Bluebook

Va. Code Ann. § 64.2-779.34 (2026).

Text

A.Unless the terms of a trust provide otherwise:

1.A trustee does not have a duty to:

a.Monitor a trust director; or

b.Inform or give advice to a settlor, beneficiary, trustee, or trust director concerning an instance in which the trustee might have acted differently than the trust director; and

2.By taking an action described in subdivision 1, a trustee does not assume the duty excluded by subdivision 1.

B.Unless the terms of a trust provide otherwise:

1.A trust director does not have a duty to:

a.Monitor a trustee or another trust director; or

b.Inform or give advice to a settlor, beneficiary, trustee, or another trust director concerning an instance in which the trust director might have acted differently than a trustee or another trust director; and

2.By taking an ac

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A. Unless the terms of a trust provide otherwise:

1. A trustee does not have a duty to:

a. Monitor a trust director; or

b. Inform or give advice to a settlor, beneficiary, trustee, or trust director concerning an instance in which the trustee might have acted differently than the trust director; and

2. By taking an action described in subdivision 1, a trustee does not assume the duty excluded by subdivision 1.

B. Unless the terms of a trust provide otherwise:

1. A trust director does not have a duty to:

a. Monitor a trustee or another trust director; or

b. Inform or give advice to a settlor, beneficiary, trustee, or another trust director concerning an instance in which the trust director might have acted differently than a trustee or another trust director; and

2. By taking an action described in subdivision 1, a trust director does not assume the duty excluded by subdivision 1.