Virginia § 64.2-1302 Waiver of inventory and settlement for certain estates

Virginia Statutes

§ 64.2-1302 — Waiver of inventory and settlement for certain estates

Virginia § 64.2-1302

JurisdictionVirginia

Title 64.2Wills, Trusts, and Fiduciaries

Subtitle IVFiduciaries and Guardians

Ch. 13Inventories and Accounts

Part AFiduciaries

This text of Virginia § 64.2-1302 (Waiver of inventory and settlement for certain estates) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 64.2-1302 (2026).

Text

When a decedent's personal estate passing by testate or intestate succession does not exceed $35,000 in value and an heir, beneficiary, or creditor whose claim exceeds the value of the estate seeks qualification, the clerk of the circuit court shall waive the inventory under § 64.2-1300 and the settlement under § 64.2-1206. This section shall not apply if the decedent died owning any real estate over which the person seeking qualification would have the power of sale.

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When a decedent's personal estate passing by testate or intestate succession does not exceed $35,000 in value and an heir, beneficiary, or creditor whose claim exceeds the value of the estate seeks qualification, the clerk of the circuit court shall waive the inventory under § 64.2-1300 and the settlement under § 64.2-1206. This section shall not apply if the decedent died owning any real estate over which the person seeking qualification would have the power of sale.