2011 Code of Virginia
Title 64.1 WILLS AND DECEDENTS' ESTATES.
Chapter 3 Wills (64.1-45 thru 64.1-96.11)
64.1-63.1 When advancement deemed satisfaction of devise or bequest
64.1-63.1. When advancement deemed satisfaction of devise or bequest.
Property which a testator gave during his lifetime to a person shall not be treated as a satisfaction of a devise or bequest to that person, in whole or in part, unless (i) the will provides for deduction of the lifetime gift, (ii) the testator declares in a contemporaneous writing that the gift is to be deducted from the devise or bequest or is in satisfaction thereof, or (iii) the devisee or legatee acknowledges in writing that the gift is in satisfaction.
(Code 1950, 64-63, 64.1-63; 1968, c. 656; 1985, c. 432.)
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