Bill
HB 1912
Wills, trusts, and fiduciaries; Consumer Price Index adjustments, modification of uneconomic trust.
2025 Regular Session
Introduced by Nadarius Clark and 8 co-sponsors
Virginia law now automatically adjusts trust and estate dollar thresholds annually for inflation and allows courts to modify trusts with disproportionate administrative costs without full beneficiary consent, effective July 1, 2025.
Acts of Assembly Chapter text (CHAP0148)