Code of Virginia (Last Updated:July 28, 2020) |
TITLE 64.2. Wills, Trusts, and Fiduciaries |
SUBTITLE III. Trusts |
CHAPTER 7. Uniform Trust Code |
ARTICLE 3. Representation |
SECTION 64.2-716. Representation by fiduciaries and parents or other ancestors |
To the extent there is no conflict of interest between the representative and the person represented or among those being represented with respect to a particular question or dispute: 1. A conservator or guardian of the estate may represent and bind the estate that such fiduciary controls; 2. A guardian may represent and bind the ward if a conservator or guardian of the ward's estate has not been appointed; 3. An agent having authority to act with respect to the particular question or dispute may represent and bind the principal; 4. A trustee may represent and bind the beneficiaries of the trust; 5. A personal representative of a decedent's estate may represent and bind persons interested in the estate; 6. A parent may represent and bind the parent's minor or unborn child if a guardian of the estate or guardian for the child has not been appointed; and 7. If a minor or unborn person is not otherwise represented under this section, a grandparent or more remote ancestor may represent and bind that minor or unborn person. |