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Home / Opinion Digests / Wills & Trusts – Unitrust – Trust Split – Uniform Trust Act (access required)

Wills & Trusts – Unitrust – Trust Split – Uniform Trust Act (access required)

Although Virginia’s 2005 adoption of the Uniform Trust Code materially changed the law, it did not allow a trial court to divide a testamentary charitable remainder unitrust over the objection of one of the two charitable beneficiaries, and the Virginia Supreme Court reverses the circuit court order. The testator died in 2004, unmarried and with no ...

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