 |
Code of Virginia (Last Updated:July 28, 2020) |
 |
TITLE 64.2. Wills, Trusts, and Fiduciaries |
|
|
SUBTITLE III. Trusts |
|
|
CHAPTER 7. Uniform Trust Code |
|
|
ARTICLE 10. Liability of Trustees and Rights of Persons Dealing With Trustee |
|
|
SECTION 64.2-794. Damages in absence of breach |
|
A. A trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust. B. Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit. |