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Virginia laws do not specify any particular qualifications or characteristics that your executor must have. You can name anyone who you trust, as long as they are willing and able to serve. If you leave a Will, it should name your chosen executor.
Step 1 Determine Whether a Will Exists. Under Virginia Code § 64.2-601, a will must be admitted to probate, even if it pertains to a small estate.Step 2 Prepare Affidavit. Download the Virginia Small Estate Act Affidavit and fill it out.Step 3 Get Affidavit Notarized.Step 4 Collect the Assets.
Virginia has no separate probate court. The will should be probated in the circuit court in the county or city where the decedent resided at the time of death.
Virginia has no set time limit for settling an estate. You can take the time you need to grieve and get your affairs in order before you settle the estate. However, Virginia courts do generally recommend that you start the process within a week to 30 days after the funeral.
Virginia has no separate probate court. The will should be probated in the circuit court in the county or city where the decedent resided at the time of death.
How does the executor's year work? The executors have a number of duties to both creditors and beneficiaries during the administration of the deceased's estate. Starting from the date of death, the executors have 12 months before they have to start distributing the estate.
Generally, estates cannot realistically close before six months after the decedent's death because the surviving spouse has the right to make her claim for an elective share within that six months.
If you are named in someone's will as an executor, you may have to apply for probate. This is a legal document which gives you the authority to share out the estate of the person who has died according to the instructions in the will. You do not always need probate to be able to deal with the estate.
The statute of limitations for challenging a Virginia will is usually one year. The statute of limitations on inheritance is also one year in Virginia. However, this could be reduced to as little as six months. Anyone who believes they have grounds to challenge a will should do so immediately.
An executor must account to the residuary beneficiaries named in the Will (and sometimes to others) for all the assets of the estate, including all receipts and disbursements occurring over the course of administration.