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2013 Vermont Statutes
Title 14A Trusts
Chapter 10 LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH TRUSTEE
§ 1007 Event affecting administration or distribution


14A V.S.A. § 1007 What's This?

1007. Event affecting administration or distribution

If the happening of an event, including, but not limited to, marriage, divorce, performance of educational requirements, attainment of a specified age, or death, affects the administration or distribution of a trust, a trustee who has exercised reasonable care to ascertain the happening of the event is not liable for a loss resulting from the trustee's lack of knowledge. (Added 2009, No. 20, 1.)

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