{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/64.2-515.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/64.2-515.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/64.2-515.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/64.2-515.html"}],"law_id":376283,"edition_id":2,"section_id":376283,"structure_id":53511,"section_number":"64.2-515","catch_line":"Duty of fiduciaries as to joint accounts","history":"Code 1950, \u00a7 64-131.1; 1966, c. 600; 1968, c. 656, \u00a7 64.1-140; 1970, c. 425; 2012, c. 614.","full_text":"A\n\nExcept as provided in subsection B, a fiduciary charged with the administration of the estate of a decedent is not required to assert a claim on behalf of the decedent’s estate to any funds on deposit in any financial institution in a joint account held, at the time of the decedent’s death, in the name of the decedent and one or more other persons when the terms of the contract of deposit, or the laws of the state in which such funds are deposited, permit such financial institution to pay the funds to (i) any of such persons in whose name the account is held, whether the other, or others, are living or not, or (ii) a named survivor or survivors.\n\nB\n\nThe fiduciary shall assert a claim to such funds if he receives a request in writing from any person interested in the estate within six months from the date of the initial qualification of the estate. The fiduciary, or his attorney, shall acknowledge in writing receipt of such request within 10 days, and if the fiduciary is the surviving cotenant of such funds, the fiduciary shall segregate such funds and place such funds in an interest-bearing account, awaiting an appropriate court order concerning the ultimate disposition of such funds. The fiduciary shall not use such funds for his own personal account. However, if the fiduciary accedes to the request that such funds be treated as estate funds, the fiduciary may distribute the funds according to law without any court order.\n\n","order_by":null,"text":{"0":{"id":1404904,"text":"Except as provided in subsection B, a fiduciary charged with the administration of the estate of a decedent is not required to assert a claim on behalf of the decedent’s estate to any funds on deposit in any financial institution in a joint account held, at the time of the decedent’s death, in the name of the decedent and one or more other persons when the terms of the contract of deposit, or the laws of the state in which such funds are deposited, permit such financial institution to pay the funds to (i) any of such persons in whose name the account is held, whether the other, or others, are living or not, or (ii) a named survivor or survivors.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":1404905,"text":"The fiduciary shall assert a claim to such funds if he receives a request in writing from any person interested in the estate within six months from the date of the initial qualification of the estate. The fiduciary, or his attorney, shall acknowledge in writing receipt of such request within 10 days, and if the fiduciary is the surviving cotenant of such funds, the fiduciary shall segregate such funds and place such funds in an interest-bearing account, awaiting an appropriate court order concerning the ultimate disposition of such funds. The fiduciary shall not use such funds for his own personal account. However, if the fiduciary accedes to the request that such funds be treated as estate funds, the fiduciary may distribute the funds according to law without any court order.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"ancestry":[{"id":53511,"edition_id":2,"name":"Authority and General Duties","identifier":"3","label":"article","depth":4,"order_by":3,"parent_id":53508,"metadata":{"child_laws":12,"child_structures":0},"date_created":"2026-08-02 03:17:33","date_modified":"2026-08-02 12:37:08","permalink":{"id":1500431,"object_type":"structure","relational_id":53511,"identifier":"3","token":"64.2\/II\/5\/3","url":"\/64.2\/II\/5\/3\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53508,"edition_id":2,"name":"Personal Representatives and Administration of Estates","identifier":"5","label":"chapter","depth":3,"order_by":4,"parent_id":53471,"metadata":{"child_laws":61,"child_structures":9},"date_created":"2026-08-02 03:17:31","date_modified":"2026-08-02 12:37:08","permalink":{"id":1500381,"object_type":"structure","relational_id":53508,"identifier":"5","token":"64.2\/II\/5","url":"\/64.2\/II\/5\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53471,"edition_id":2,"name":"Wills and Decedents' Estates","identifier":"II","label":"subtitle","depth":2,"order_by":2,"parent_id":53424,"metadata":{"child_laws":210,"child_structures":29},"date_created":"2026-08-02 03:16:56","date_modified":"2026-08-02 12:37:06","permalink":{"id":1499913,"object_type":"structure","relational_id":53471,"identifier":"II","token":"64.2\/II","url":"\/64.2\/II\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53424,"edition_id":2,"name":"Wills, Trusts, and Fiduciaries","identifier":"64.2","label":"title","depth":1,"order_by":136,"parent_id":null,"metadata":{"child_laws":776,"child_structures":114},"date_created":"2026-08-02 03:16:27","date_modified":"2026-08-02 12:37:05","permalink":{"id":1499783,"object_type":"structure","relational_id":53424,"identifier":"64.2","token":"64.2","url":"\/64.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":376279,"structure_id":53511,"section_number":"64.2-511","catch_line":"Powers of executor before qualification","url":"\/64.2-511\/","token":"64.2\/II\/5\/3\/64.2-511","metadata":false},{"id":376280,"structure_id":53511,"section_number":"64.2-512","catch_line":"Funeral expenses","url":"\/64.2-512\/","token":"64.2\/II\/5\/3\/64.2-512","metadata":false},{"id":376281,"structure_id":53511,"section_number":"64.2-513","catch_line":"Effect of death, resignation, or removal of sole executor","url":"\/64.2-513\/","token":"64.2\/II\/5\/3\/64.2-513","metadata":false},{"id":376282,"structure_id":53511,"section_number":"64.2-514","catch_line":"Duty of every personal representative","url":"\/64.2-514\/","token":"64.2\/II\/5\/3\/64.2-514","metadata":false},{"id":376283,"structure_id":53511,"section_number":"64.2-515","catch_line":"Duty of fiduciaries as to joint accounts","url":"\/64.2-515\/","token":"64.2\/II\/5\/3\/64.2-515","metadata":false},{"id":376284,"structure_id":53511,"section_number":"64.2-516","catch_line":"Duties of fiduciaries as to certain obligations of the United States","url":"\/64.2-516\/","token":"64.2\/II\/5\/3\/64.2-516","metadata":false},{"id":376285,"structure_id":53511,"section_number":"64.2-517","catch_line":"Exercise of discretionary powers by surviving executors or administrators with the will annexed","url":"\/64.2-517\/","token":"64.2\/II\/5\/3\/64.2-517","metadata":false},{"id":376286,"structure_id":53511,"section_number":"64.2-518","catch_line":"When personal representative may renew obligation of decedent","url":"\/64.2-518\/","token":"64.2\/II\/5\/3\/64.2-518","metadata":false},{"id":376287,"structure_id":53511,"section_number":"64.2-519","catch_line":"Suits upon judgment and contracts of decedent and actions for personal injury or wrongful death","url":"\/64.2-519\/","token":"64.2\/II\/5\/3\/64.2-519","metadata":false},{"id":376290,"structure_id":53511,"section_number":"64.2-520","catch_line":"Action for goods carried away, or for waste, destruction of, or damage to estate of decedent","url":"\/64.2-520\/","token":"64.2\/II\/5\/3\/64.2-520","metadata":false},{"id":376288,"structure_id":53511,"section_number":"64.2-520.1","catch_line":"Legal duty; action for damages from legal malpractice concerning estate planning; third parties","url":"\/64.2-520.1\/","token":"64.2\/II\/5\/3\/64.2-520.1","metadata":false},{"id":376289,"structure_id":53511,"section_number":"64.2-520.2","catch_line":"Reliance on certificate of qualification of a personal representative","url":"\/64.2-520.2\/","token":"64.2\/II\/5\/3\/64.2-520.2","metadata":false}],"previous_section":{"id":376282,"structure_id":53511,"section_number":"64.2-514","catch_line":"Duty of every personal representative","url":"\/64.2-514\/","token":"64.2\/II\/5\/3\/64.2-514","metadata":false},"next_section":{"id":376284,"structure_id":53511,"section_number":"64.2-516","catch_line":"Duties of fiduciaries as to certain obligations of the United States","url":"\/64.2-516\/","token":"64.2\/II\/5\/3\/64.2-516","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/64.2-515\/","history_text":"

The record of this law\u2019s original creation isn\u2019t available online. It has been modified 4 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 600; in 1968, chapter 656; in 1970, chapter 425; in 2012, chapter 614<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1500449,"object_type":"law","relational_id":376283,"identifier":"64.2-515","token":"64.2\/II\/5\/3\/64.2-515","url":"\/64.2-515\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/64.2-515\/","token":"64.2\/II\/5\/3\/64.2-515","dublin_core":{"Title":"Duty of fiduciaries as to joint accounts","Type":"Text","Format":"text\/html","Identifier":"\u00a7 64.2-515","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Except as provided in subsection B, a fiduciary<\/span> charged with the administration of the estate of a decedent is not required to assert a claim on behalf of the decedent’s estate to any funds on deposit in any financial institution in a joint account held, at the time of the decedent’s death, in the name of the decedent and one or more other persons when the terms of the contract<\/span> of deposit, or the laws<\/span> of the state in which such funds are deposited, permit such financial institution to pay the funds to (i) any of such persons in whose name the account is held, whether the other, or others, are living or not, or (ii) a named survivor or survivors. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The fiduciary<\/span> shall assert a claim to such funds if he receives a request in writing from any person interested in the estate within six months from the date of the initial qualification of the estate. The fiduciary<\/span>, or his attorney, shall acknowledge in writing receipt of such request within 10 days, and if the fiduciary<\/span> is the surviving cotenant of such funds, the fiduciary<\/span> shall segregate such funds and place such funds in an interest-bearing account, awaiting an appropriate court order<\/span> concerning the ultimate disposition<\/span> of such funds. The fiduciary<\/span> shall not use such funds for his own personal account. However, if the fiduciary<\/span> accedes to the request that such funds be treated as estate funds, the fiduciary<\/span> may distribute the funds according to law<\/span> without any court order<\/span>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nDUTY OF FIDUCIARIES AS TO JOINT ACCOUNTS (\u00a7 64.2-515)\n\nA. Except as provided in subsection B, a fiduciary charged with the\nadministration of the estate of a decedent is not required to assert a claim on\nbehalf of the decedent’s estate to any funds on deposit in any financial\ninstitution in a joint account held, at the time of the decedent’s death,\nin the name of the decedent and one or more other persons when the terms of the\ncontract of deposit, or the laws of the state in which such funds are deposited,\npermit such financial institution to pay the funds to (i) any of such persons in\nwhose name the account is held, whether the other, or others, are living or not,\nor (ii) a named survivor or survivors.\n\nB. The fiduciary shall assert a claim to such funds if he receives a request in\nwriting from any person interested in the estate within six months from the date\nof the initial qualification of the estate. The fiduciary, or his attorney,\nshall acknowledge in writing receipt of such request within 10 days, and if the\nfiduciary is the surviving cotenant of such funds, the fiduciary shall segregate\nsuch funds and place such funds in an interest-bearing account, awaiting an\nappropriate court order concerning the ultimate disposition of such funds. The\nfiduciary shall not use such funds for his own personal account. However, if the\nfiduciary accedes to the request that such funds be treated as estate funds, the\nfiduciary may distribute the funds according to law without any court order.\n\nHISTORY: Code 1950, \u00a7 64-131.1; 1966, c. 600; 1968, c. 656, \u00a7 64.1-140; 1970,\nc. 425; 2012, c. 614.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}