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View Form CC-1681 Code § 64.2-1314, is a probate form in Virginia. It is used by executors, personal representatives, trustees, guardians & other related parties during the probate & estate settlement process.

Common non-probate assets include: Life insurance proceeds or pension benefits payable to a named beneficiary. Assets such as a home owned with someone else in joint tenancy or tenancy by the entirety. Assets with a listed beneficiary outside of the deceased person's will such as an IRA or payable-on-death bank account.

"Will" means any testamentary instrument recognized by applicable law that makes a legally effective disposition of an individual's property, effective at the individual's death. "Will" includes a codicil or other amendment to a testamentary instrument.

Given the various steps involved, the timeline for an executor to settle an estate in Virginia can range widely, usually from several months to over a year, depending on the size and complexity of the estate, the clarity of the will, and whether or not the probate process is contested.

The consent of a person who may represent and bind another person under this chapter is binding on the person represented unless the person represented objects to the representation by notifying the trustee or the representative before the consent would otherwise have become effective.

A: The certificate of qualification, sometimes referred to as ?letters testamentary,? is the certificate that the personal representative receives from the Clerk at the time of qualification, which states that the person has qualified as executor or administrator and has authority to act on behalf of the estate.