Vermont § 808 - Powers to direct
Full text of Vermont Vermont Statutes Online § 808 — Powers to direct, with citation guidance and answers to common questions.
§ 808. Powers to direct
- (a) While a trust is revocable, the trustee may follow a direction of the settlor that
is contrary to the terms of the trust. (b) If the terms of a trust confer upon a person other than the settlor of a revocable
trust power to direct certain actions of the trustee, the trustee shall act in accordance
with an exercise of the power unless the attempted exercise is manifestly contrary
to the terms of the trust or the trustee knows the attempted exercise would constitute
a serious breach of a fiduciary duty that the person holding the power owes to the
beneficiaries of the trust. (c) The terms of a trust may confer upon a trustee or other person a power to direct the
modification or termination of the trust. (d) A person, other than a beneficiary, who holds a power to direct is presumptively a
fiduciary who, as such, is required to act in good faith with regard to the purposes
of the trust and the interests of the beneficiaries. The holder of a power to direct
is liable for any loss that results from breach of a fiduciary duty. (Added 2009, No. 20, § 1.)
Frequently Asked Questions About Vermont § 808
What does Vermont Statutes Online § 808 cover?
Section 808 ("Powers to direct") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 808?
A common citation format is "Vermont Statutes Online § 808" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 808 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.