Whenever trust interests or accounts are created for the same beneficiary, and each interest or account is in the name of a separate and distinct trustee or combination of trustees, each trust interest or account shall constitute a separate, distinct, and valid trust entity for all purposes.
Accounts held by various trustees for same beneficiary
Va. Code Ann. § 6.2-1178, under Chapter 11. Savings Institutions..
Va. Code Ann. § 6.2-1178