{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/64.2-1300.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/64.2-1300.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/64.2-1300.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/64.2-1300.html"}],"law_id":57415,"edition_id":1,"section_id":57415,"structure_id":14213,"section_number":"64.2-1300","catch_line":"Inventories to be filed with commissioners of accounts","history":"Code 1919, \u00a7 5403, \u00a7 26-12; 1932, p. 337; Code 1950, \u00a7 26-12; 1966, c. 337; 1973, c. 544; 1993, c. 581; 1997, c. 842; 1998, c. 610; 2001, c. 73; 2012, c. 614.","full_text":"A\n\nEvery personal representative or curator shall, within four months after the date of the order conferring his authority, return to the commissioner of accounts an inventory of all the personal estate under his supervision and control, the decedent’s interest in any multiple party account in any financial institution, all real estate over which he has the power of sale, and any other real estate that is an asset of the decedent’s estate, whether or not situated in the Commonwealth. Every personal representative or curator shall also return to the commissioner of accounts an inventory of any such assets discovered thereafter as provided in subsection E.B\n\nEvery guardian of an estate, conservator, or committee shall, within four months after the date of the order conferring his authority, return to the commissioner of accounts an inventory of the ward’s personal estate under his supervision and control, the ward’s real estate, the ward’s legal or equitable ownership interest in any real or personal property that will pass to another at the ward’s death by a means other than testate or intestate succession, and any periodic payments of money to which the ward is entitled. Every guardian of an estate, conservator, or committee shall also return to the commissioner of accounts an inventory of any such assets discovered thereafter as provided in subsection E.C\n\nEvery trustee who qualifies in the circuit court clerk’s office shall, within four months after the first date that any assets are received, return to the commissioner of accounts an inventory of the real and personal estate which is under the trustee’s supervision and control. Every such trustee shall also return to the commissioner of accounts an inventory of any such assets received thereafter as provided in subsection E. However, any trustee who is not required to account under the provisions of § 64.2-1307 shall be exempted from the duty to file an inventory for as long as there remains no duty to file annual accounts with the commissioner of accounts.D\n\nIn listing property pursuant to subsection A, B, or C, the fiduciary shall place the market value on each item. The market value shall be determined as of (i) the date of death if a decedent’s estate; (ii) the date assets are received by the trustee if a trust; or (iii) the date of qualification in all other cases. Any reasonable expense incurred in determining such values shall be allowable as a cost of the administration of the estate.E\n\nIn the case of assets discovered or received by a fiduciary after filing an inventory, the further inventory required by subsections A, B, and C may be made by filing an amended inventory showing all assets of the estate or trust, by filing an additional inventory showing only the after-discovered assets or, with the permission of the commissioner of accounts, by showing the after-discovered assets on the estate’s or trust’s next regular accounting. The filing shall be made or the permission granted within four months after the discovery or receipt of the assets.","order_by":null,"text":{"0":{"id":210388,"text":"Every personal representative or curator shall, within four months after the date of the order conferring his authority, return to the commissioner of accounts an inventory of all the personal estate under his supervision and control, the decedent’s interest in any multiple party account in any financial institution, all real estate over which he has the power of sale, and any other real estate that is an asset of the decedent’s estate, whether or not situated in the Commonwealth. Every personal representative or curator shall also return to the commissioner of accounts an inventory of any such assets discovered thereafter as provided in subsection E.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":210389,"text":"Every guardian of an estate, conservator, or committee shall, within four months after the date of the order conferring his authority, return to the commissioner of accounts an inventory of the ward’s personal estate under his supervision and control, the ward’s real estate, the ward’s legal or equitable ownership interest in any real or personal property that will pass to another at the ward’s death by a means other than testate or intestate succession, and any periodic payments of money to which the ward is entitled. Every guardian of an estate, conservator, or committee shall also return to the commissioner of accounts an inventory of any such assets discovered thereafter as provided in subsection E.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":210390,"text":"Every trustee who qualifies in the circuit court clerk’s office shall, within four months after the first date that any assets are received, return to the commissioner of accounts an inventory of the real and personal estate which is under the trustee’s supervision and control. Every such trustee shall also return to the commissioner of accounts an inventory of any such assets received thereafter as provided in subsection E. However, any trustee who is not required to account under the provisions of § 64.2-1307 shall be exempted from the duty to file an inventory for as long as there remains no duty to file annual accounts with the commissioner of accounts.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B","next_prefix":"D"},"3":{"id":210391,"text":"In listing property pursuant to subsection A, B, or C, the fiduciary shall place the market value on each item. The market value shall be determined as of (i) the date of death if a decedent’s estate; (ii) the date assets are received by the trustee if a trust; or (iii) the date of qualification in all other cases. Any reasonable expense incurred in determining such values shall be allowable as a cost of the administration of the estate.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C","next_prefix":"E"},"4":{"id":210392,"text":"In the case of assets discovered or received by a fiduciary after filing an inventory, the further inventory required by subsections A, B, and C may be made by filing an amended inventory showing all assets of the estate or trust, by filing an additional inventory showing only the after-discovered assets or, with the permission of the commissioner of accounts, by showing the after-discovered assets on the estate’s or trust’s next regular accounting. The filing shall be made or the permission granted within four months after the discovery or receipt of the assets.","type":"section","prefixes":["E"],"prefix":"E","entire_prefix":"E","prefix_anchor":"E","level":1,"prior_prefix":"D"}},"ancestry":[{"id":14213,"edition_id":1,"name":"Inventories and Accounts","identifier":"13","label":"chapter","depth":4,"order_by":1,"parent_id":12991,"metadata":{},"date_created":"2026-06-26 03:47:18","date_modified":"2026-06-26 03:47:18","permalink":{"id":274911,"object_type":"structure","relational_id":14213,"identifier":"13","token":"64.2\/IV\/A\/13","url":"\/64.2\/IV\/A\/13\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12991,"edition_id":1,"name":"Fiduciaries","identifier":"A","label":"part","depth":3,"order_by":1,"parent_id":12905,"metadata":{},"date_created":"2026-06-26 03:44:07","date_modified":"2026-06-26 03:44:07","permalink":{"id":274815,"object_type":"structure","relational_id":12991,"identifier":"A","token":"64.2\/IV\/A","url":"\/64.2\/IV\/A\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12905,"edition_id":1,"name":"Fiduciaries and Guardians","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12723,"metadata":{},"date_created":"2026-06-26 03:44:00","date_modified":"2026-06-26 03:44:00","permalink":{"id":274813,"object_type":"structure","relational_id":12905,"identifier":"IV","token":"64.2\/IV","url":"\/64.2\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12723,"edition_id":1,"name":"Wills, Trusts, and Fiduciaries","identifier":"64.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":272781,"object_type":"structure","relational_id":12723,"identifier":"64.2","token":"64.2","url":"\/64.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":57415,"structure_id":14213,"section_number":"64.2-1300","catch_line":"Inventories to be filed with commissioners of accounts","url":"\/64.2-1300\/","token":"64.2\/IV\/A\/13\/64.2-1300","metadata":false},{"id":56595,"structure_id":14213,"section_number":"64.2-1301","catch_line":"When inventory and settlement not required","url":"\/64.2-1301\/","token":"64.2\/IV\/A\/13\/64.2-1301","metadata":false},{"id":84852,"structure_id":14213,"section_number":"64.2-1302","catch_line":"Waiver of inventory and settlement for certain estates","url":"\/64.2-1302\/","token":"64.2\/IV\/A\/13\/64.2-1302","metadata":false},{"id":62710,"structure_id":14213,"section_number":"64.2-1303","catch_line":"Copies of inventories and accounts to be provided by personal representatives","url":"\/64.2-1303\/","token":"64.2\/IV\/A\/13\/64.2-1303","metadata":false},{"id":72702,"structure_id":14213,"section_number":"64.2-1304","catch_line":"Personal representatives","url":"\/64.2-1304\/","token":"64.2\/IV\/A\/13\/64.2-1304","metadata":false},{"id":55411,"structure_id":14213,"section_number":"64.2-1305","catch_line":"Conservators, guardians of minors' estates, committees, trustees under \u00a7 64.2-2016, and receivers","url":"\/64.2-1305\/","token":"64.2\/IV\/A\/13\/64.2-1305","metadata":false},{"id":69027,"structure_id":14213,"section_number":"64.2-1306","catch_line":"Testamentary trustees","url":"\/64.2-1306\/","token":"64.2\/IV\/A\/13\/64.2-1306","metadata":false},{"id":70650,"structure_id":14213,"section_number":"64.2-1307","catch_line":"Testamentary trustees under a will waiving accounts; waiver where beneficiary also trustee","url":"\/64.2-1307\/","token":"64.2\/IV\/A\/13\/64.2-1307","metadata":false},{"id":69223,"structure_id":14213,"section_number":"64.2-1308","catch_line":"Forms for inventories and accounts","url":"\/64.2-1308\/","token":"64.2\/IV\/A\/13\/64.2-1308","metadata":false},{"id":68866,"structure_id":14213,"section_number":"64.2-1309","catch_line":"Accounts of sales under deeds of trust","url":"\/64.2-1309\/","token":"64.2\/IV\/A\/13\/64.2-1309","metadata":false},{"id":71524,"structure_id":14213,"section_number":"64.2-1310","catch_line":"Recordation of inventories and accounts of sales","url":"\/64.2-1310\/","token":"64.2\/IV\/A\/13\/64.2-1310","metadata":false},{"id":65481,"structure_id":14213,"section_number":"64.2-1311","catch_line":"Vouchers and statement of assets on hand; direct payments to account; vouchers for IRS payments","url":"\/64.2-1311\/","token":"64.2\/IV\/A\/13\/64.2-1311","metadata":false},{"id":74306,"structure_id":14213,"section_number":"64.2-1312","catch_line":"Report to circuit court; death of fiduciary; fiduciary for recipient of federal benefits","url":"\/64.2-1312\/","token":"64.2\/IV\/A\/13\/64.2-1312","metadata":false},{"id":68025,"structure_id":14213,"section_number":"64.2-1313","catch_line":"Exhibition of accounts when sum does not exceed certain amount","url":"\/64.2-1313\/","token":"64.2\/IV\/A\/13\/64.2-1313","metadata":false},{"id":76384,"structure_id":14213,"section_number":"64.2-1314","catch_line":"Statement in lieu of settlement of accounts by personal representatives in certain circumstances","url":"\/64.2-1314\/","token":"64.2\/IV\/A\/13\/64.2-1314","metadata":false},{"id":67817,"structure_id":14213,"section_number":"64.2-1315","catch_line":"Certification and recording of accounts settled in a judicial proceeding","url":"\/64.2-1315\/","token":"64.2\/IV\/A\/13\/64.2-1315","metadata":false},{"id":64642,"structure_id":14213,"section_number":"64.2-1316","catch_line":"Settlement of fiduciary's accounts by commissioner in chancery; report to commissioner of accounts","url":"\/64.2-1316\/","token":"64.2\/IV\/A\/13\/64.2-1316","metadata":false},{"id":62071,"structure_id":14213,"section_number":"64.2-1317","catch_line":"Disposition of papers relating to estates","url":"\/64.2-1317\/","token":"64.2\/IV\/A\/13\/64.2-1317","metadata":false}],"next_section":{"id":56595,"structure_id":14213,"section_number":"64.2-1301","catch_line":"When inventory and settlement not required","url":"\/64.2-1301\/","token":"64.2\/IV\/A\/13\/64.2-1301","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/64.2-1300\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 7 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1966, chapter 337; in 1973, chapter 544; in 1993, chapter 581; in 1997, chapter 842<\/a>; in 1998, chapter 610<\/a>; in 2001, chapter 73<\/a>; in 2012, chapter 614<\/a>.<\/p>","references":[{"id":86213,"section_number":"64.2-1215","catch_line":"Power of commissioner of accounts to enforce the filing of inventories","order_by":null,"url":"\/64.2-1215\/"},{"id":56595,"section_number":"64.2-1301","catch_line":"When inventory and settlement not required","order_by":null,"url":"\/64.2-1301\/"},{"id":84852,"section_number":"64.2-1302","catch_line":"Waiver of inventory and settlement for certain estates","order_by":null,"url":"\/64.2-1302\/"},{"id":69223,"section_number":"64.2-1308","catch_line":"Forms for inventories and accounts","order_by":null,"url":"\/64.2-1308\/"},{"id":71524,"section_number":"64.2-1310","catch_line":"Recordation of inventories and accounts of sales","order_by":null,"url":"\/64.2-1310\/"}],"refers_to":[{"id":70650,"section_number":"64.2-1307","catch_line":"Testamentary trustees under a will waiving accounts; waiver where beneficiary also trustee","order_by":null,"url":"\/64.2-1307\/"}],"permalink":{"id":274913,"object_type":"law","relational_id":57415,"identifier":"64.2-1300","token":"64.2\/IV\/A\/13\/64.2-1300","url":"\/64.2-1300\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/64.2-1300\/","token":"64.2\/IV\/A\/13\/64.2-1300","dublin_core":{"Title":"Inventories to be filed with commissioners of accounts","Type":"Text","Format":"text\/html","Identifier":"\u00a7 64.2-1300","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Every personal representative<\/span> or curator shall, within four months after the date of the order<\/span> conferring his authority, return to the commissioner of accounts an inventory of all the personal estate under his supervision and control, the decedent’s interest in any multiple party<\/span> account in any financial institution, all real estate over which he has the power of sale, and any other real estate that is an asset of the decedent’s estate, whether or not situated in the Commonwealth. Every personal representative<\/span> or curator shall also return to the commissioner of accounts an inventory of any such assets<\/span> discovered thereafter as provided in subsection E. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Every guardian of an estate, conservator, or committee shall, within four months after the date of the order<\/span> conferring his authority, return to the commissioner of accounts an inventory of the ward’s personal estate under his supervision and control, the ward’s real estate, the ward’s legal or equitable<\/span> ownership interest in any real or personal property that will<\/span> pass to another at the ward’s death by a means other than testate or intestate succession, and any periodic payments of money to which the ward is entitled. Every guardian of an estate, conservator, or committee shall also return to the commissioner of accounts an inventory of any such assets<\/span> discovered thereafter as provided in subsection E. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Every trustee<\/span> who qualifies in the circuit<\/span> court<\/span> clerk’s office shall, within four months after the first date that any assets<\/span> are received, return to the commissioner of accounts an inventory of the real and personal estate which is under the trustee<\/span>’s supervision and control. Every such trustee<\/span> shall also return to the commissioner of accounts an inventory of any such assets<\/span> received thereafter as provided in subsection E. However, any trustee<\/span> who is not required to account under the provisions of § 64.2-1307<\/a> shall be exempted from the duty to file an inventory for as long as there remains no duty to file annual accounts with the commissioner of accounts. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

D.<\/span> In listing property pursuant to subsection A, B, or C, the fiduciary<\/span> shall place the market value<\/span> on each item. The market value<\/span> shall be determined as of (i) the date of death if a decedent’s estate; (ii) the date assets<\/span> are received by the trustee<\/span> if a trust; or (iii) the date of qualification in all other cases. Any reasonable expense incurred in determining such values<\/span> shall be allowable as a cost of the administration of the estate. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

E.<\/span> In the case of assets<\/span> discovered or received by a fiduciary<\/span> after filing an inventory, the further inventory required by subsections A, B, and C may be made by filing an amended inventory showing all assets<\/span> of the estate or trust, by filing an additional inventory showing only the after-discovered assets<\/span> or, with the permission of the commissioner of accounts, by showing the after-discovered assets<\/span> on the estate’s or trust’s next regular accounting. The filing shall be made or the permission granted within four months after the discovery<\/span> or receipt of the assets<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nINVENTORIES TO BE FILED WITH COMMISSIONERS OF ACCOUNTS (\u00a7 64.2-1300)\n\nA. Every personal representative or curator shall, within four months after the\ndate of the order conferring his authority, return to the commissioner of\naccounts an inventory of all the personal estate under his supervision and\ncontrol, the decedent’s interest in any multiple party account in any\nfinancial institution, all real estate over which he has the power of sale, and\nany other real estate that is an asset of the decedent’s estate, whether\nor not situated in the Commonwealth. Every personal representative or curator\nshall also return to the commissioner of accounts an inventory of any such\nassets discovered thereafter as provided in subsection E.\n\nB. Every guardian of an estate, conservator, or committee shall, within four\nmonths after the date of the order conferring his authority, return to the\ncommissioner of accounts an inventory of the ward’s personal estate under\nhis supervision and control, the ward’s real estate, the ward’s\nlegal or equitable ownership interest in any real or personal property that will\npass to another at the ward’s death by a means other than testate or\nintestate succession, and any periodic payments of money to which the ward is\nentitled. Every guardian of an estate, conservator, or committee shall also\nreturn to the commissioner of accounts an inventory of any such assets\ndiscovered thereafter as provided in subsection E.\n\nC. Every trustee who qualifies in the circuit court clerk’s office shall,\nwithin four months after the first date that any assets are received, return to\nthe commissioner of accounts an inventory of the real and personal estate which\nis under the trustee’s supervision and control. Every such trustee shall\nalso return to the commissioner of accounts an inventory of any such assets\nreceived thereafter as provided in subsection E. However, any trustee who is not\nrequired to account under the provisions of § 64.2-1307 shall be exempted\nfrom the duty to file an inventory for as long as there remains no duty to file\nannual accounts with the commissioner of accounts.\n\nD. In listing property pursuant to subsection A, B, or C, the fiduciary shall\nplace the market value on each item. The market value shall be determined as of\n(i) the date of death if a decedent’s estate; (ii) the date assets are\nreceived by the trustee if a trust; or (iii) the date of qualification in all\nother cases. Any reasonable expense incurred in determining such values shall be\nallowable as a cost of the administration of the estate.\n\nE. In the case of assets discovered or received by a fiduciary after filing an\ninventory, the further inventory required by subsections A, B, and C may be made\nby filing an amended inventory showing all assets of the estate or trust, by\nfiling an additional inventory showing only the after-discovered assets or, with\nthe permission of the commissioner of accounts, by showing the after-discovered\nassets on the estate’s or trust’s next regular accounting. The\nfiling shall be made or the permission granted within four months after the\ndiscovery or receipt of the assets.\n\nHISTORY: Code 1919, \u00a7 5403, \u00a7 26-12; 1932, p. 337; Code 1950, \u00a7 26-12; 1966,\nc. 337; 1973, c. 544; 1993, c. 581; 1997, c. 842; 1998, c. 610; 2001, c. 73;\n2012, c. 614.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}