Code of Virginia § 64.2-779.18. Need to distribute not required.
47 words·~1 min read·
/va/title-64-2/chapter-7/64-2-779-18·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An authorized fiduciary may exercise the decanting power whether or not under the first trust's discretionary distribution standard the fiduciary would have made or could have been compelled to make a discretionary distribution of income or principal at the time of the exercise.
2017, c. 592 .