A Virginia Statement In Lieu of Settlement of Account for Decedent's Estate Pursuant to Va. Code 64.2-1314 is an accounting document filed with the court of the deceased individual’s residence. It is used to settle the financial affairs of the estate as of the date of the decedent’s death. This statement is used to verify that all assets and liabilities of the estate have been accounted for and that the estate’s beneficiaries have received their share of the assets. This statement is also used to identify any outstanding debts and to confirm that all taxes have been paid. Types of Virginia Statement In Lieu of Settlement of Account for Decedent's Estate Pursuant to Va. Code 64.2-1314 include: — Initial Account: This statement is filed within three months of the decedent's death, and is the first and most important account of the estate. — Final Account: This statement is filed after the completion of the estate administration process, and is used to show the final distribution of the estate's assets. — Supplemental Account: This statement is filed to report any changes to the estate's assets and liabilities that have occurred since the initial or final account was filed.
Virginia Statement In Lieu of Settlement of Account for Decedent's Estate Pursuant to Va. Code 64.2-1314
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How to fill out Virginia Statement In Lieu Of Settlement Of Account For Decedent's Estate Pursuant To Va. Code 64.2-1314?
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