                                 CODE OF VIRGINIA

SETTLOR (§ 64.2-779.22)

A. For purposes of law of the Commonwealth other than this article and subject
to subsection B, a settlor of a first trust is deemed to be the settlor of the
second trust with respect to the portion of the income or principal of the first
trust subject to the exercise of the decanting power.

B. In determining settlor intent with respect to a second trust, the intent of a
settlor of the first trust, a settlor of the second trust, and the authorized
fiduciary may be considered.

HISTORY: 2017, c. 592.