§ 64.2-1302 Waiver of inventory and settlement for certain estates
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.
History
This law was first created in 1980. The record of its establishment is cataloged in chapter 563 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1980 “Acts” aren’t available online. It has been modified 8 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1987, chapter 605; in 1989, chapter 387; in 1998, chapter 117; in 2001, chapter 598; in 2002, chapters 220 and 227; in 2012, chapter 614; in 2014, chapter 532; in 2025, chapter 148.
1980, c. 563, § 26-12.3; 1987, c. 605; 1989, c. 387; 1998, c. 117; 2001, c. 598; 2002, cc. 220, 227; 2012, c. 614; 2014, c. 532; 2025, c. 148.