Powers of personal representatives and trustees; power to donate open-space easements. (SB907)

Introduced By

Sen. Richard Stuart (R-Westmoreland)

Progress

√
 Introduced
√
 Passed Committee
√
 Passed House
√
 Passed Senate
√
 Signed by Governor
√
 Became Law

Description

Incorporating powers of fiduciary into will or trust instrument; donation of conservation easements. Provides for the power of fiduciaries to donate conservation easements to obtain the benefit of certain estate tax exclusions to be incorporated in any will or trust instrument by statutory reference. Amends § 64.1-57 (“Incorporation by reference of certain powers of fiduciaries into will or trust instrument.”), of the Code of Virginia. View Full Text »

Outcome

Bill Has Passed
View Bill's History