Code of Virginia § 64.2-767. Costs of administration.
40 words·~1 min read·
/va/title-64-2/chapter-7/64-2-767·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In administering a trust, the trustee may incur only costs that are reasonable in relation to the trust property, the purposes of the trust, and the skills of the trustee.
2005, c. 935 , § 55-548.05; 2012, c. 614 .