Virginia Decodedhttps://vacode.org7822064.2-758Resignation of trustee202564.2-70864.2-779.38Wills, Trusts, and FiduciariesTrustsUniform Trust CodeOffice of Trustee

A. A trustee may resign:

1. Upon at least 30 days’ notice to the settlor, if living, to all cotrustees, and to the qualified beneficiaries except those qualified beneficiaries under a revocable trust that the settlor has the capacity to revoke; or

2. With the approval of the court.

B. In approving a resignation, the court may issue orders and impose conditions reasonably necessary for the protection of the trust property.

C. Any liability of a resigning trustee or of any sureties on the trustee’s bond for acts or omissions of the trustee is not discharged or affected by the trustee’s resignation.

2005, c. 935, § 55-547.05; 2012, c. 614.