UVA Trust

UVA Trusts are legal arrangements created to protect and manage assets for a beneficiary, often a minor or someone needing assistance. The person establishing the trust (the grantor) transfers property into it, and a trustee oversees the assets according to specified rules. UVA Trusts are designed to benefit the beneficiary while providing control and protection against creditors or mismanagement. They are flexible, allowing for tailored distributions and management, and are useful for estate planning, ensuring assets are used responsibly and in line with the grantor’s wishes.