Virginia Renunciation of Legacy in Favor of Other Family Members
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How to fill out Renunciation Of Legacy In Favor Of Other Family Members?
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FAQ
§64.1-57. Refers to Section 64.1-57 of the Code of Virginia, 1950, as amended, which lists a number of powers which are granted to a qualified executor when this section is referenced and incorporated into a will. For a list of the powers you can click on the above highlighted link. Testamentary Trust.
To be effective, a disclaimer shall be in writing or other record, declare the disclaimer, describe the interest or power disclaimed, be signed by the person making the disclaimer, and be delivered or filed in the manner provided in § 64.2-2610.
A. Sums remaining on deposit at the death of a party to a joint account belong to the surviving party as against the estate of the decedent unless there is clear and convincing evidence of a different intention at the time the account is created.
§ 64.2-200. Course of descents generally; right of Commonwealth if no other heir.
§ 64.2-400. Separate writing identifying recipients of tangible personal property; liability for distribution; action to recover property.
Half-relatives. "Half" relatives inherit only half as much as they would if they were "whole." That is, your sister with whom you share a father, but not a mother, has the right to one-half of the amount of your property as she would if you had both parents in common. (Virginia Code § 64.2-202.)
Inheritance rights of certain individuals. A. Except as otherwise provided by law, no person is barred from inheriting because such person or a person through whom he claims his inheritance is or has been an alien.
§ 64.2-200. Course of descents generally; right of Commonwealth if no other heir.
