11.01.2009 Reformation or "Things Aren't Always What They Seem To Be"
11. 2009Virginia’s recently enacted Uniform Trust Code (“UTC”) has broadened the horizon for the reformation of instruments. The spirit of this code and some related statutes have led our courts to greatly liberalize the reformation process. CPA’s, trust officers, and attorneys should all be aware that what is in “black and white” need not necessarily remain so.
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