{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/64.2-779.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/64.2-779.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/64.2-779.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/64.2-779.html"}],"law_id":376488,"edition_id":2,"section_id":376488,"structure_id":53532,"section_number":"64.2-779","catch_line":"Distribution upon termination","history":"2005, c. 935, \u00a7 55-548.17; 2012, c. 614.","full_text":"A\n\nUpon termination or partial termination of a trust, the trustee may send to the beneficiaries a proposal for distribution. The right of any beneficiary to object to the proposed distribution terminates if the beneficiary does not notify the trustee of an objection within 30 days after the proposal was sent but only if the proposal informed the beneficiary of the right to object and of the time allowed for objection.\n\nB\n\nUpon the occurrence of an event terminating or partially terminating a trust, the trustee shall proceed expeditiously to distribute the trust property to the persons entitled to it, subject to the right of the trustee to retain a reasonable reserve for the payment of debts, expenses, and taxes.\n\nC\n\nA release by a beneficiary of a trustee from liability for breach of trust is invalid to the extent:\n\n1\n\nIt was induced by improper conduct of the trustee; or\n\n2\n\nThe beneficiary, at the time of the release, did not know of the beneficiary&#8217;s rights or of the material facts relating to the breach.\n\n","order_by":null,"text":{"0":{"id":1405808,"text":"Upon termination or partial termination of a trust, the trustee may send to the beneficiaries a proposal for distribution. The right of any beneficiary to object to the proposed distribution terminates if the beneficiary does not notify the trustee of an objection within 30 days after the proposal was sent but only if the proposal informed the beneficiary of the right to object and of the time allowed for objection.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":1405809,"text":"Upon the occurrence of an event terminating or partially terminating a trust, the trustee shall proceed expeditiously to distribute the trust property to the persons entitled to it, subject to the right of the trustee to retain a reasonable reserve for the payment of debts, expenses, and taxes.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":1405810,"text":"A release by a beneficiary of a trustee from liability for breach of trust is invalid to the extent:","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"C1"},"3":{"id":1405811,"text":"It was induced by improper conduct of the trustee; or","type":"section","prefixes":["C","1"],"prefix":"1","entire_prefix":"C1","prefix_anchor":"C1","level":2,"prior_prefix":"C","next_prefix":"C2"},"4":{"id":1405812,"text":"The beneficiary, at the time of the release, did not know of the beneficiary&#8217;s rights or of the material facts relating to the breach.","type":"section","prefixes":["C","2"],"prefix":"2","entire_prefix":"C2","prefix_anchor":"C2","level":2,"prior_prefix":"C1"}},"ancestry":[{"id":53532,"edition_id":2,"name":"Duties and Powers of Trustee","identifier":"8","label":"article","depth":4,"order_by":8,"parent_id":53524,"metadata":{"child_laws":18,"child_structures":0},"date_created":"2026-08-02 03:17:50","date_modified":"2026-08-02 12:37:12","permalink":{"id":1501457,"object_type":"structure","relational_id":53532,"identifier":"8","token":"64.2\/III\/7\/8","url":"\/64.2\/III\/7\/8\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53524,"edition_id":2,"name":"Uniform Trust Code","identifier":"7","label":"chapter","depth":3,"order_by":1,"parent_id":53428,"metadata":{"child_laws":150,"child_structures":13},"date_created":"2026-08-02 03:17:42","date_modified":"2026-08-02 12:37:10","permalink":{"id":1501109,"object_type":"structure","relational_id":53524,"identifier":"7","token":"64.2\/III\/7","url":"\/64.2\/III\/7\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53428,"edition_id":2,"name":"Trusts","identifier":"III","label":"subtitle","depth":2,"order_by":3,"parent_id":53424,"metadata":{"child_laws":232,"child_structures":36},"date_created":"2026-08-02 03:16:27","date_modified":"2026-08-02 12:37:10","permalink":{"id":1500813,"object_type":"structure","relational_id":53428,"identifier":"III","token":"64.2\/III","url":"\/64.2\/III\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53424,"edition_id":2,"name":"Wills, Trusts, and Fiduciaries","identifier":"64.2","label":"title","depth":1,"order_by":136,"parent_id":null,"metadata":{"child_laws":776,"child_structures":114},"date_created":"2026-08-02 03:16:27","date_modified":"2026-08-02 12:37:05","permalink":{"id":1499783,"object_type":"structure","relational_id":53424,"identifier":"64.2","token":"64.2","url":"\/64.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":376433,"structure_id":53532,"section_number":"64.2-763","catch_line":"Duty to administer trust and invest","url":"\/64.2-763\/","token":"64.2\/III\/7\/8\/64.2-763","metadata":{"court_decisions":{"0":{"name":"Rafalko v. Georgiadis","case_number":"Record 141533.","citation":"777 S.E.2d 870","date":"2015-11-05","url":"https:\/\/www.courtlistener.com\/opinion\/3152258\/rafalko-v-georgiadis\/","abstract":" .\u202f.\u202f. Justice MIMS, dissenting. .\u202f.\u202f. ","court_html":"<abbr title=\"Supreme Court of Virginia\">SCV<\/abbr>"},"1":{"name":"Jimenez v. Corr","case_number":"140112","citation":null,"date":"2014-10-31","url":"https:\/\/www.courtlistener.com\/opinion\/2747281\/jimenez-v-corr\/","abstract":" .\u202f.\u202f. Present: Kinser, C.J., Lemons, Millette, Mims, McClanahan, and .\u202f.\u202f. ","court_html":"<abbr title=\"Supreme Court of Virginia\">SCV<\/abbr>"},"2":{"name":" .\u202f.\u202f. Paul Galiotos, Individually, etc. v. Tasos A. Galiotos, .\u202f.\u202f. ","case_number":"0077241","citation":null,"date":"2024-12-30","url":"https:\/\/www.courtlistener.com\/opinion\/10305439\/paul-galiotos-individually-etc-v-tasos-a-galiotos-individually-etc\/","abstract":" .\u202f.\u202f. COURT OF APPEALS OF VIRGINIA .\u202f.\u202f. ","court_html":"<abbr title=\"Court of Appeals\">COA<\/abbr>"},"3":{"name":" .\u202f.\u202f. Stavros P. Galiotos, Individually, etc. v. Tasos A. .\u202f.\u202f. ","case_number":"0068241","citation":null,"date":"2024-12-30","url":"https:\/\/www.courtlistener.com\/opinion\/10305437\/stavros-p-galiotos-individually-etc-v-tasos-a-galiotos-individually\/","abstract":" .\u202f.\u202f. COURT OF APPEALS OF VIRGINIA .\u202f.\u202f. ","court_html":"<abbr title=\"Court of Appeals\">COA<\/abbr>"}}}},{"id":376434,"structure_id":53532,"section_number":"64.2-764","catch_line":"Duty of loyalty","url":"\/64.2-764\/","token":"64.2\/III\/7\/8\/64.2-764","metadata":{"court_decisions":{"0":{"name":" .\u202f.\u202f. Stavros P. Galiotos, Individually, etc. v. Tasos A. .\u202f.\u202f. ","case_number":"0068241","citation":null,"date":"2024-12-30","url":"https:\/\/www.courtlistener.com\/opinion\/10305437\/stavros-p-galiotos-individually-etc-v-tasos-a-galiotos-individually\/","abstract":" .\u202f.\u202f. COURT OF APPEALS OF VIRGINIA .\u202f.\u202f. ","court_html":"<abbr title=\"Court of Appeals\">COA<\/abbr>"},"1":{"name":" .\u202f.\u202f. Paul Galiotos, Individually, etc. v. Tasos A. Galiotos, .\u202f.\u202f. ","case_number":"0077241","citation":null,"date":"2024-12-30","url":"https:\/\/www.courtlistener.com\/opinion\/10305439\/paul-galiotos-individually-etc-v-tasos-a-galiotos-individually-etc\/","abstract":" .\u202f.\u202f. COURT OF APPEALS OF VIRGINIA .\u202f.\u202f. ","court_html":"<abbr title=\"Court of Appeals\">COA<\/abbr>"}}}},{"id":376435,"structure_id":53532,"section_number":"64.2-765","catch_line":"Impartiality","url":"\/64.2-765\/","token":"64.2\/III\/7\/8\/64.2-765","metadata":{"court_decisions":{"0":{"name":"Rafalko v. Georgiadis","case_number":"Record 141533.","citation":"777 S.E.2d 870","date":"2015-11-05","url":"https:\/\/www.courtlistener.com\/opinion\/3152258\/rafalko-v-georgiadis\/","abstract":" .\u202f.\u202f. Justice MIMS, dissenting. .\u202f.\u202f. ","court_html":"<abbr title=\"Supreme Court of Virginia\">SCV<\/abbr>"},"1":{"name":" .\u202f.\u202f. Paul Galiotos, Individually, etc. v. Tasos A. Galiotos, .\u202f.\u202f. ","case_number":"0077241","citation":null,"date":"2024-12-30","url":"https:\/\/www.courtlistener.com\/opinion\/10305439\/paul-galiotos-individually-etc-v-tasos-a-galiotos-individually-etc\/","abstract":" .\u202f.\u202f. COURT OF APPEALS OF VIRGINIA .\u202f.\u202f. ","court_html":"<abbr title=\"Court of Appeals\">COA<\/abbr>"},"2":{"name":" .\u202f.\u202f. Stavros P. Galiotos, Individually, etc. v. Tasos A. .\u202f.\u202f. ","case_number":"0068241","citation":null,"date":"2024-12-30","url":"https:\/\/www.courtlistener.com\/opinion\/10305437\/stavros-p-galiotos-individually-etc-v-tasos-a-galiotos-individually\/","abstract":" .\u202f.\u202f. COURT OF APPEALS OF VIRGINIA .\u202f.\u202f. ","court_html":"<abbr title=\"Court of Appeals\">COA<\/abbr>"}}}},{"id":376436,"structure_id":53532,"section_number":"64.2-766","catch_line":"Prudent administration","url":"\/64.2-766\/","token":"64.2\/III\/7\/8\/64.2-766","metadata":false},{"id":376437,"structure_id":53532,"section_number":"64.2-767","catch_line":"Costs of administration","url":"\/64.2-767\/","token":"64.2\/III\/7\/8\/64.2-767","metadata":{"court_decisions":{"0":{"name":" .\u202f.\u202f. Paul Galiotos, Individually, etc. v. Tasos A. Galiotos, .\u202f.\u202f. ","case_number":"0077241","citation":null,"date":"2024-12-30","url":"https:\/\/www.courtlistener.com\/opinion\/10305439\/paul-galiotos-individually-etc-v-tasos-a-galiotos-individually-etc\/","abstract":" .\u202f.\u202f. COURT OF APPEALS OF VIRGINIA .\u202f.\u202f. ","court_html":"<abbr title=\"Court of Appeals\">COA<\/abbr>"},"1":{"name":" .\u202f.\u202f. Stavros P. Galiotos, Individually, etc. v. Tasos A. .\u202f.\u202f. ","case_number":"0068241","citation":null,"date":"2024-12-30","url":"https:\/\/www.courtlistener.com\/opinion\/10305437\/stavros-p-galiotos-individually-etc-v-tasos-a-galiotos-individually\/","abstract":" .\u202f.\u202f. COURT OF APPEALS OF VIRGINIA .\u202f.\u202f. ","court_html":"<abbr title=\"Court of Appeals\">COA<\/abbr>"}}}},{"id":376438,"structure_id":53532,"section_number":"64.2-768","catch_line":"Trustee's skills","url":"\/64.2-768\/","token":"64.2\/III\/7\/8\/64.2-768","metadata":{"court_decisions":""}},{"id":376439,"structure_id":53532,"section_number":"64.2-769","catch_line":"Delegation by trustee","url":"\/64.2-769\/","token":"64.2\/III\/7\/8\/64.2-769","metadata":false},{"id":376440,"structure_id":53532,"section_number":"64.2-770","catch_line":"Repealed","url":"\/64.2-770\/","token":"64.2\/III\/7\/8\/64.2-770","metadata":false},{"id":376441,"structure_id":53532,"section_number":"64.2-771","catch_line":"Control and protection of trust property","url":"\/64.2-771\/","token":"64.2\/III\/7\/8\/64.2-771","metadata":false},{"id":376442,"structure_id":53532,"section_number":"64.2-772","catch_line":"Recordkeeping and identification of trust property","url":"\/64.2-772\/","token":"64.2\/III\/7\/8\/64.2-772","metadata":{"court_decisions":""}},{"id":376443,"structure_id":53532,"section_number":"64.2-773","catch_line":"Enforcement and defense of claims","url":"\/64.2-773\/","token":"64.2\/III\/7\/8\/64.2-773","metadata":false},{"id":376444,"structure_id":53532,"section_number":"64.2-774","catch_line":"Collecting trust property","url":"\/64.2-774\/","token":"64.2\/III\/7\/8\/64.2-774","metadata":false},{"id":376445,"structure_id":53532,"section_number":"64.2-775","catch_line":"Duty to inform and report","url":"\/64.2-775\/","token":"64.2\/III\/7\/8\/64.2-775","metadata":false},{"id":376446,"structure_id":53532,"section_number":"64.2-776","catch_line":"Discretionary powers; tax savings","url":"\/64.2-776\/","token":"64.2\/III\/7\/8\/64.2-776","metadata":{"court_decisions":{"0":{"name":" .\u202f.\u202f. Paul Galiotos, Individually, etc. v. Tasos A. Galiotos, .\u202f.\u202f. ","case_number":"0077241","citation":null,"date":"2024-12-30","url":"https:\/\/www.courtlistener.com\/opinion\/10305439\/paul-galiotos-individually-etc-v-tasos-a-galiotos-individually-etc\/","abstract":" .\u202f.\u202f. COURT OF APPEALS OF VIRGINIA .\u202f.\u202f. ","court_html":"<abbr title=\"Court of Appeals\">COA<\/abbr>"},"1":{"name":" .\u202f.\u202f. Stavros P. Galiotos, Individually, etc. v. Tasos A. .\u202f.\u202f. ","case_number":"0068241","citation":null,"date":"2024-12-30","url":"https:\/\/www.courtlistener.com\/opinion\/10305437\/stavros-p-galiotos-individually-etc-v-tasos-a-galiotos-individually\/","abstract":" .\u202f.\u202f. COURT OF APPEALS OF VIRGINIA .\u202f.\u202f. ","court_html":"<abbr title=\"Court of Appeals\">COA<\/abbr>"}}}},{"id":376447,"structure_id":53532,"section_number":"64.2-777","catch_line":"General powers of trustee","url":"\/64.2-777\/","token":"64.2\/III\/7\/8\/64.2-777","metadata":false},{"id":376449,"structure_id":53532,"section_number":"64.2-778","catch_line":"Specific powers of trustee","url":"\/64.2-778\/","token":"64.2\/III\/7\/8\/64.2-778","metadata":false},{"id":376448,"structure_id":53532,"section_number":"64.2-778.1","catch_line":"Repealed","url":"\/64.2-778.1\/","token":"64.2\/III\/7\/8\/64.2-778.1","metadata":{"court_decisions":""}},{"id":376488,"structure_id":53532,"section_number":"64.2-779","catch_line":"Distribution upon termination","url":"\/64.2-779\/","token":"64.2\/III\/7\/8\/64.2-779","metadata":false}],"previous_section":{"id":376448,"structure_id":53532,"section_number":"64.2-778.1","catch_line":"Repealed","url":"\/64.2-778.1\/","token":"64.2\/III\/7\/8\/64.2-778.1","metadata":{"court_decisions":""}},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/64.2-779\/","history_text":"<p>This law was first created in 2005. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?051+ful+CHAP0935\">935<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2012, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?121+ful+CHAP0614\">614<\/a>.<\/p>","references":[{"id":376400,"section_number":"64.2-732","catch_line":"Modification or termination of uneconomic trust","order_by":null,"url":"\/64.2-732\/"}],"refers_to":false,"permalink":{"id":1501527,"object_type":"law","relational_id":376488,"identifier":"64.2-779","token":"64.2\/III\/7\/8\/64.2-779","url":"\/64.2-779\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/64.2-779\/","token":"64.2\/III\/7\/8\/64.2-779","dublin_core":{"Title":"Distribution upon termination","Type":"Text","Format":"text\/html","Identifier":"\u00a7 64.2-779","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> Upon termination or partial termination of a trust, the <span class=\"dictionary\">trustee<\/span> may send to the beneficiaries a proposal for distribution. The right of any <span class=\"dictionary\">beneficiary<\/span> to <span class=\"dictionary\">object<\/span> to the proposed distribution terminates if the <span class=\"dictionary\">beneficiary<\/span> does not notify the <span class=\"dictionary\">trustee<\/span> of an objection within 30 days after the proposal was sent but only if the proposal informed the <span class=\"dictionary\">beneficiary<\/span> of the right to <span class=\"dictionary\">object<\/span> and of the time allowed for objection. <a id=\"paragraph-1405808\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/64.2-779\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> Upon the occurrence of an event terminating or partially terminating a trust, the <span class=\"dictionary\">trustee<\/span> shall proceed expeditiously to distribute the trust <span class=\"dictionary\">property<\/span> to the <span class=\"dictionary\">persons<\/span> entitled to it, subject to the right of the <span class=\"dictionary\">trustee<\/span> to retain a reasonable reserve for the payment of debts, expenses, and taxes. <a id=\"paragraph-1405809\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/64.2-779\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C\"><p><span class=\"prefix-number\">C.<\/span> A release by a <span class=\"dictionary\">beneficiary<\/span> of a <span class=\"dictionary\">trustee<\/span> from liability for breach of trust is invalid to the extent: <a id=\"paragraph-1405810\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/64.2-779\/#C\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> It was induced by improper conduct of the <span class=\"dictionary\">trustee<\/span>; or <a id=\"paragraph-1405811\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/64.2-779\/#C1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> The <span class=\"dictionary\">beneficiary<\/span>, at the time of the release, did not know of the <span class=\"dictionary\">beneficiary<\/span>&#8217;s rights or of the <span class=\"dictionary\">material<\/span> <span class=\"dictionary\">facts<\/span> relating to the breach. <a id=\"paragraph-1405812\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/64.2-779\/#C2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nDISTRIBUTION UPON TERMINATION (\u00a7 64.2-779)\n\nA. Upon termination or partial termination of a trust, the trustee may send to\nthe beneficiaries a proposal for distribution. The right of any beneficiary to\nobject to the proposed distribution terminates if the beneficiary does not\nnotify the trustee of an objection within 30 days after the proposal was sent\nbut only if the proposal informed the beneficiary of the right to object and of\nthe time allowed for objection.\n\nB. Upon the occurrence of an event terminating or partially terminating a trust,\nthe trustee shall proceed expeditiously to distribute the trust property to the\npersons entitled to it, subject to the right of the trustee to retain a\nreasonable reserve for the payment of debts, expenses, and taxes.\n\nC. A release by a beneficiary of a trustee from liability for breach of trust is\ninvalid to the extent:\n\n   1. It was induced by improper conduct of the trustee; or\n\n   2. The beneficiary, at the time of the release, did not know of the\n   beneficiary&#8217;s rights or of the material facts relating to the breach.\n\nHISTORY: 2005, c. 935, \u00a7 55-548.17; 2012, c. 614.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}