West Virginia Code
Article 1. General Provisions and Definitions
§44D-1-103. Definitions

In this chapter:
(a) "Action", with respect to an act of a trustee, includes a failure to act.
(b) "Ascertainable standard" means a standard relating to an individuals health, education, support, or maintenance within the meaning of Section 2041(b)(1)(A) or 2514(c)(1) of the Internal Revenue Code.
(c) "Beneficiary" means a person that:
(1) Has a present or future beneficial interest in a trust, vested or contingent;
(2) In a capacity other than that of trustee, holds a power of appointment over trust property; or
(3) A charitable organization that is expressly designated in the terms of the trust instrument to receive distributions.
(d) "Charitable trust" means a trust, or portion of a trust, created for a charitable purpose described in 44D-4-405 of this code.
(e) "Conservator" means a person appointed by the court to administer the estate and financial affairs of a protected person.
(f) "Court" means a court of this state having proper jurisdiction under 44D-2-203 of this code, and venue under 44D-2-204 of this code.
(g) "Current beneficiary" means a beneficiary that, on the date the beneficiarys qualification is determined, is a distributee or permissible distributee of trust income or principal.
(h) "Environmental law" means a federal, state, or local law, rule, regulation, or ordinance relating to protection of the environment.
(i) "Grantor" means a person, including a testator, who creates, or contributes property to a trust. If more than one person creates or contributes property to a trust, each person is a grantor of the portion of the trust property attributable to that persons contribution except to the extent another person has the power to revoke or withdraw that portion.
(j) "Guardian" means a person appointed by the court who is responsible for the personal affairs of a protected person or a parent to make decisions regarding the support, care, education, health, and welfare of a minor. The term does not include a guardian ad litem.
(k) "Interested person" means heirs, devisees, children, spouses, creditors, beneficiaries and any others having a property right in or claim against a trust or the property in a trust. It also includes persons having priority for appointment as personal representative and other fiduciaries representing interested persons. The meaning as it relates to particular persons may vary from time to time and must be determined according to the particular purposes of, and matter involved, in any proceeding.
(l) "Interests of the beneficiaries" means the beneficial interests provided in the terms of the trust.
(m) "Internal Revenue Code" or "Internal Revenue Code of 1986" has the same meaning as when used in a comparable context in the laws of the United States then in effect relating to income, estate, generation-skipping transfer and other taxes including all amendments made to the laws of the United States and amendments which have been adopted and incorporated into West Virginia law by the West Virginia Legislature in 11-21-9 of this code.
(n) "Jurisdiction" with respect to a geographic area, includes a state or country.
(o) "Person" means an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture, unincorporated nonprofit association, charitable organization, government, governmental subdivision, agency, or instrumentality, public corporation, or any other legal or commercial entity.
(p) "Power of withdrawal" means a presently exercisable general power of appointment other than a power:
(1) Exercisable by a trustee and limited by an ascertainable standard; or
(2) Exercisable by another person only upon consent of the trustee or a person holding an adverse interest.
(q) "Property" means anything that may be the subject of ownership, whether real or personal, legal or equitable or any interest therein.
(r) "Qualified beneficiary" means a beneficiary who, on the date the beneficiarys qualification is determined:
(1) Is a distributee or permissible distributee of trust income or principal;
(2) Would be a distributee or permissible distributee of trust income or principal if the interests of the distributees described in paragraph (1) of this subdivision terminated on that date without causing the trust to terminate; or
(3) Would be a distributee or permissible distributee of trust income or principal if the trust terminated on that date.
(s) "Revocable", as applied to a trust, means revocable by the grantor without the consent of the trustee or a person holding an adverse interest.
(t) "Spendthrift provision" means a term of a trust which restrains both voluntary and involuntary transfer of a beneficiarys interest.
(u) "State" means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands or any territory or insular possession subject to the jurisdiction of the United States. The term includes an Indian tribe or band recognized by federal law or formally acknowledged by a state.
(v) "Terms of a trust" means:
(1) Except as otherwise provided in subparagraph (2); and the manifestation of the grantors intent regarding a trusts provisions as:
(A) Expressed in the trust instrument; or
(B) Established by other evidence that would be admissible in a judicial proceeding; or
(2) The trusts provisions as established, determined, or amended by:
(i) A trustee or trust director in accordance with applicable law;
(ii) A court order; or
(iii) A nonjudicial settlement agreement under 44D-1-111 of this code.
(w) "Trust instrument" means a writing, including a will, executed by the grantor that contains terms of the trust, including any amendments thereto.
(x) "Trustee" includes an original, additional, successor trustee and a cotrustee.
(y) "Writing" or "written instrument" does not include an electronic record or electronic signature as provided in 39A-1-1 et seq. of this code.