The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 14A V.S.A. § 1102)
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§ 1102. Trust advisors and trust protectors as fiduciaries
(a) A trust advisor or trust protector is a fiduciary with respect to each power granted
to such trust advisor or trust protector. In exercising any power or refraining from
exercising any power, a trust advisor or trust protector shall act in good faith and
in accordance with the terms and purposes of the trust and the interests of the beneficiaries.
(b) A trust advisor or trust protector is an excluded fiduciary with respect to each power
granted or reserved exclusively to any one or more other trustees, trust advisors,
or trust protectors. (Added 2009, No. 20, § 1.)