{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/64.2-761.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/64.2-761.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/64.2-761.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/64.2-761.html"}],"law_id":71429,"edition_id":1,"section_id":71429,"structure_id":12788,"section_number":"64.2-761","catch_line":"Compensation of trustee","history":"2005, c. 935, \u00a7 55-547.08; 2012, c. 614.","full_text":"A\n\nIf the terms of a trust do not specify the trustee’s compensation, a trustee is entitled to compensation that is reasonable under the circumstances.B\n\nIf the terms of a trust specify the trustee’s compensation, the trustee is entitled to be compensated as specified, but the court may allow more or less compensation if:1\n\nThe duties of the trustee are substantially different from those contemplated when the trust was created; or2\n\nThe compensation specified by the terms of the trust would be unreasonably low or high.","order_by":null,"text":{"0":{"id":257510,"text":"If the terms of a trust do not specify the trustee’s compensation, a trustee is entitled to compensation that is reasonable under the circumstances.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":257511,"text":"If the terms of a trust specify the trustee’s compensation, the trustee is entitled to be compensated as specified, but the court may allow more or less compensation if:","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"B1"},"2":{"id":257512,"text":"The duties of the trustee are substantially different from those contemplated when the trust was created; or","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"3":{"id":257513,"text":"The compensation specified by the terms of the trust would be unreasonably low or high.","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1"}},"ancestry":[{"id":12788,"edition_id":1,"name":"Office of Trustee","identifier":"7","label":"article","depth":4,"order_by":1,"parent_id":12725,"metadata":{},"date_created":"2026-06-26 03:43:53","date_modified":"2026-06-26 03:43:53","permalink":{"id":274417,"object_type":"structure","relational_id":12788,"identifier":"7","token":"64.2\/III\/7\/7","url":"\/64.2\/III\/7\/7\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12725,"edition_id":1,"name":"Uniform Trust Code","identifier":"7","label":"chapter","depth":3,"order_by":1,"parent_id":12724,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":274107,"object_type":"structure","relational_id":12725,"identifier":"7","token":"64.2\/III\/7","url":"\/64.2\/III\/7\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12724,"edition_id":1,"name":"Trusts","identifier":"III","label":"subtitle","depth":2,"order_by":1,"parent_id":12723,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":273811,"object_type":"structure","relational_id":12724,"identifier":"III","token":"64.2\/III","url":"\/64.2\/III\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12723,"edition_id":1,"name":"Wills, Trusts, and Fiduciaries","identifier":"64.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":272781,"object_type":"structure","relational_id":12723,"identifier":"64.2","token":"64.2","url":"\/64.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":53964,"structure_id":12788,"section_number":"64.2-754","catch_line":"Accepting or declining trusteeship","url":"\/64.2-754\/","token":"64.2\/III\/7\/7\/64.2-754","metadata":false},{"id":63666,"structure_id":12788,"section_number":"64.2-755","catch_line":"Trustee's bond","url":"\/64.2-755\/","token":"64.2\/III\/7\/7\/64.2-755","metadata":false},{"id":61636,"structure_id":12788,"section_number":"64.2-756","catch_line":"Cotrustees","url":"\/64.2-756\/","token":"64.2\/III\/7\/7\/64.2-756","metadata":false},{"id":66102,"structure_id":12788,"section_number":"64.2-757","catch_line":"Vacancy in trusteeship; appointment of successor","url":"\/64.2-757\/","token":"64.2\/III\/7\/7\/64.2-757","metadata":false},{"id":78220,"structure_id":12788,"section_number":"64.2-758","catch_line":"Resignation of trustee","url":"\/64.2-758\/","token":"64.2\/III\/7\/7\/64.2-758","metadata":false},{"id":66828,"structure_id":12788,"section_number":"64.2-759","catch_line":"Removal of trustee","url":"\/64.2-759\/","token":"64.2\/III\/7\/7\/64.2-759","metadata":false},{"id":57985,"structure_id":12788,"section_number":"64.2-760","catch_line":"Delivery of property by former trustee","url":"\/64.2-760\/","token":"64.2\/III\/7\/7\/64.2-760","metadata":false},{"id":71429,"structure_id":12788,"section_number":"64.2-761","catch_line":"Compensation of trustee","url":"\/64.2-761\/","token":"64.2\/III\/7\/7\/64.2-761","metadata":false},{"id":63727,"structure_id":12788,"section_number":"64.2-762","catch_line":"Reimbursement of expenses","url":"\/64.2-762\/","token":"64.2\/III\/7\/7\/64.2-762","metadata":false}],"previous_section":{"id":57985,"structure_id":12788,"section_number":"64.2-760","catch_line":"Delivery of property by former trustee","url":"\/64.2-760\/","token":"64.2\/III\/7\/7\/64.2-760","metadata":false},"next_section":{"id":63727,"structure_id":12788,"section_number":"64.2-762","catch_line":"Reimbursement of expenses","url":"\/64.2-762\/","token":"64.2\/III\/7\/7\/64.2-762","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/64.2-761\/","history_text":"

This law was first created in 2005. The record of its establishment is cataloged in chapter 935<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2012, chapter 614<\/a>.<\/p>","references":[{"id":86944,"section_number":"64.2-703","catch_line":"Default and mandatory rules","order_by":null,"url":"\/64.2-703\/"},{"id":55343,"section_number":"64.2-779.38","catch_line":"Office of trust director","order_by":null,"url":"\/64.2-779.38\/"}],"refers_to":false,"permalink":{"id":274447,"object_type":"law","relational_id":71429,"identifier":"64.2-761","token":"64.2\/III\/7\/7\/64.2-761","url":"\/64.2-761\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/64.2-761\/","token":"64.2\/III\/7\/7\/64.2-761","dublin_core":{"Title":"Compensation of trustee","Type":"Text","Format":"text\/html","Identifier":"\u00a7 64.2-761","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> If the terms of a trust do not specify the trustee<\/span>’s compensation, a trustee<\/span> is entitled to compensation that is reasonable under the circumstances. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> If the terms of a trust specify the trustee<\/span>’s compensation, the trustee<\/span> is entitled to be compensated as specified, but the court<\/span> may allow more or less compensation if: <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> The duties of the trustee<\/span> are substantially different from those contemplated when the trust was created; or <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> The compensation specified by the terms of the trust would be unreasonably low or high. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCOMPENSATION OF TRUSTEE (\u00a7 64.2-761)\n\nA. If the terms of a trust do not specify the trustee’s compensation, a\ntrustee is entitled to compensation that is reasonable under the circumstances.\n\nB. If the terms of a trust specify the trustee’s compensation, the trustee\nis entitled to be compensated as specified, but the court may allow more or less\ncompensation if:\n\n 1. The duties of the trustee are substantially different from those\n contemplated when the trust was created; or\n\n 2. The compensation specified by the terms of the trust would be unreasonably\n low or high.\n\nHISTORY: 2005, c. 935, \u00a7 55-547.08; 2012, c. 614.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}