V.I. Code tit. 15, § 1162 (2019)
2019 US Virgin Islands Code|Title 15 - Decedents' Estates and Fiduciary Relations|Part III - Fiduciary Relations|Chapter 59 - Accounting by Trustees|Subchapter II - Testamentary Trusts|§ 1162. Intermediate accountings

 Within thirty days after the expiration of the first year after the first qualifying testamentary trustee was under a duty to file his inventory as prescribed in section 1161 of this title the testamentary trustee then in office shall file with the court where the will was admitted to probate, an intermediate account under oath covering such year and showing— (1) the period which the account covers; (2) the names and addresses of the living beneficiaries known to the trustee, with a statement as to those known to be minors or under legally declared disability; and a description of any possible unborn or unascertained beneficiaries; and the name of the surety or sureties on the trustee's bond with the amount of such bond; (3) in a separate schedule the trust principal on hand at the beginning of the accounting period and the then status of its investment; the investments received from the settlor and still held; additions to trust principal during the accounting period with the dates and sources of acquisition; investments collected, sold or charged off during the accounting period, with the consequent loss or gain and whether credited to principal or income; investments made during the accounting period, with the date, source and cost of each; deductions from principal during the accounting period, with the date and purpose of each; and trust principal on hand at the end of the accounting period, how invested, and the estimated market value of each investment; (4) in a separate schedule the trust income on hand at the beginning of the accounting period, and in what form held; trust income received during the accounting period, when, and from what source; trust income paid out during the accounting period, when, to whom, and for what purpose; trust income on hand at the end of the accounting period, and how invested; (5) that neither any seller of, nor buyer from, the trustee of trust property during the accounting period was at the time of such sale or purchase— (A) in the case of a corporate trustee, an affiliate, or any officer, employee or nominee of the trustee or of an affiliate; or (B) in the case of a non-corporate trustee, a relative, partner, employer, employee or business associate— but none of the provisions of this paragraph shall apply to purchases and sales made by brokers for the trustee or to stock exchanges; (6) a statement of unpaid claims with the reason for failure to pay them, including a statement as to whether any estate or inheritance taxes have become due with regard to the trust property, and if due, whether paid; (7) a brief summary of the account; (8) such other facts as the court may by rules or court order require. Within thirty days after the end of each yearly period thereafter during the life of the trust the testamentary trustee then in office shall file with the same court an intermediate account under oath showing corresponding facts regarding the current accounting period.