# 14A V.S.A. § 105: Default and mandatory rules

> Vermont · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_VT_T14A_C1_S105

## Section

- **Citation:** 14A V.S.A. § 105
- **Heading:** Default and mandatory rules
- **Jurisdiction:** Vermont
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** VT Code / Title 14A / Chapter 1 / Section 105

## Text

(a) Except as otherwise provided in the terms of the trust, this title governs the duties and powers of a trustee, relations among trustees, and the rights and interests of a beneficiary.

(b) The terms of a trust prevail over any provision of this title except:

(1) the requirements for creating a trust;

(2) the duty of a trustee to act in good faith and in accordance with the terms and purposes of the trust and the interests of the beneficiaries;

(3) the requirement that a trust and its terms be for the benefit of its beneficiaries, and that the trust have a purpose that is lawful, not contrary to public policy, and possible to achieve;

(4) the power of the Probate Division of the Superior Court to modify or terminate a trust under sections 410 through 416 of this title;

(5) the effect of a spendthrift provision and the rights of certain creditors and assignees to reach a trust as provided in chapter 5 of this title;

(6) the power of the Probate Division of the Superior Court under section 702 of this title to require, dispense with, or modify or terminate a bond;

(7) the power of the Probate Division of the Superior Court under subsection 708(b) of this title to adjust a trustee's compensation specified in the terms of the trust which is unreasonably low or high;

(8) the effect of an exculpatory term under section 1008 of this title;

(9) the rights under sections 1010 through 1013 of this title of a person other than a trustee or beneficiary;

(10) periods of limitation for commencing a judicial proceeding;

(11) the power of the Probate Division of the Superior Court to take such action and exercise such jurisdiction as may be necessary in the interests of justice; and

(12) the subject matter jurisdiction of the Probate Division of the Superior Court and venue for commencing a proceeding as provided in sections 203 and 204 of this title.

## Nearby sections

- [14A V.S.A. § 101 § 101. Short title](https://www.frixlaw.com/law-library/statutes/STATE_VT_T14A_C1_S101.md)
- [14A V.S.A. § 102 § 102. Scope](https://www.frixlaw.com/law-library/statutes/STATE_VT_T14A_C1_S102.md)
- [14A V.S.A. § 103 § 103. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_VT_T14A_C1_S103.md)
- [14A V.S.A. § 104 § 104. Knowledge](https://www.frixlaw.com/law-library/statutes/STATE_VT_T14A_C1_S104.md)
- [14A V.S.A. § 105 § 105. Default and mandatory rules](https://www.frixlaw.com/law-library/statutes/STATE_VT_T14A_C1_S105.md)
- [14A V.S.A. § 106 § 106. Common law of trusts; principles of equity](https://www.frixlaw.com/law-library/statutes/STATE_VT_T14A_C1_S106.md)
- [14A V.S.A. § 107 § 107. Governing law](https://www.frixlaw.com/law-library/statutes/STATE_VT_T14A_C1_S107.md)
- [14A V.S.A. § 108 § 108. Principal place of administration](https://www.frixlaw.com/law-library/statutes/STATE_VT_T14A_C1_S108.md)
- [14A V.S.A. § 109 § 109. Methods and waiver of notice](https://www.frixlaw.com/law-library/statutes/STATE_VT_T14A_C1_S109.md)
- [14A V.S.A. § 110 § 110. Others treated as qualified beneficiaries](https://www.frixlaw.com/law-library/statutes/STATE_VT_T14A_C1_S110.md)
- [14A V.S.A. § 111 § 111. Nonjudicial settlement agreements](https://www.frixlaw.com/law-library/statutes/STATE_VT_T14A_C1_S111.md)
- [14A V.S.A. § 112 § 112. Rules of construction](https://www.frixlaw.com/law-library/statutes/STATE_VT_T14A_C1_S112.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_VT_T14A_C1_S105. Check the current official text before relying on it. Not legal advice.