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The Vermont Statutes Online

 

Title 14A : Trusts

Chapter 008 : DUTIES AND POWERS OF TRUSTEE

(Cite as: 14A V.S.A. § 815)
  • § 815. General powers of trustee

    (a) A trustee, without authorization by the probate division of the superior court, may exercise:

    (1) powers conferred by the terms of the trust; and

    (2) except as limited by the terms of the trust:

    (A) all powers over the trust property which an unmarried competent owner has over individually owned property;

    (B) any other powers appropriate to achieve the proper investment, management, and distribution of the trust property; and

    (C) any other powers conferred by this title.

    (b) The exercise of a power is subject to the fiduciary duties prescribed by this chapter. (Added 2009, No. 20, § 1; amended 2009, No. 154 (Adj. Sess.), § 236, eff. February 1, 2011.)