<?xml version="1.0"?>
<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>376436</law_id><section_number>64.2-766</section_number><catch_line>Prudent administration</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="136" identifier="64.2">Wills, Trusts, and Fiduciaries</unit><unit label="subtitle" level="2" order_by="3" identifier="III">Trusts</unit><unit label="chapter" level="3" order_by="1" identifier="7">Uniform Trust Code</unit><unit label="article" level="4" order_by="8" identifier="8">Duties and Powers of Trustee</unit></structure><text>
						<section><p>A <span class="dictionary">trustee</span> shall administer the trust as a prudent <span class="dictionary">person</span> would, by considering the purposes, terms, distributional requirements, and other circumstances of the trust. In satisfying this standard, the <span class="dictionary">trustee</span> shall exercise reasonable care, skill, and caution.</p></section></text><history>2005, c. 935, &#xA7; 55-548.04; 2012, c. 614.</history><metadata></metadata></law>
