                                 CODE OF VIRGINIA

MODIFICATION OR TERMINATION BECAUSE OF UNANTICIPATED CIRCUMSTANCES OR INABILITY
TO ADMINISTER TRUST EFFECTIVELY (§ 64.2-730)

A. The court may modify the administrative or dispositive terms of a trust or
terminate the trust if, because of circumstances not anticipated by the settlor,
modification or termination will further the purposes of the trust. To the
extent practicable, the modification shall be made in accordance with the
settlor&#8217;s probable intention.

B. The court may modify the administrative terms of a trust if continuation of
the trust on its existing terms would be impracticable or wasteful or impair the
trust&#8217;s administration.

C. Upon termination of a trust under this section, the trustee shall distribute
the trust property in a manner consistent with the purposes of the trust.

HISTORY: 2005, c. 935, § 55-544.12; 2012, c. 614.