Vt. Stat. Ann. tit. 14A, § 815
General powers of trustee
Redline — July 1, 2021 → current.View current text →
Current — June 1, 2022
As of July 1, 2021
(1) A trustee, without authorization by the Probate Division of the Superior Court, may exercise: powers conferred by the terms of the trust; and
(1) A trustee, without authorization by the Probate Division of the Superior Court, may exercise: powers conferred by the terms of the trust; and
(2) except as limited by the terms of the trust: all powers over the trust property which an unmarried competent owner has over individually owned property;
(2) except as limited by the terms of the trust: all powers over the trust property which an unmarried competent owner has over individually owned property;
(3) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and
(3) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and
(4) any other powers conferred by this title.
(4) any other powers conferred by this title.
(5) The exercise of a power is subject to the fiduciary duties prescribed by this chapter. Added 2009, No. 20, § 1; amended 2009, No. 154 (Adj. Sess.), § 236, eff. February 1, 2011.
(5) The exercise of a power is subject to the fiduciary duties prescribed by this chapter.
Official source: Vermont General Assembly. Reproduced from public-domain Vermont statutes; confirm against the official source for the current text. Not legal advice.