HB 2591 Spouse's survivorship under will or trust.
William J. Howell | all patrons    ...    notes
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Summary:
Spouse's survivorship under will or trust. Provides that if property passes to a spouse under a will or trust which requires the spouse to survive until the distribution of the gift, the spouse must survive until the earlier of the date of distribution or six months after the date of death, unless in a proceeding filed within 12 months of the decedent's death, the court finds that the decedent intended otherwise. The bill is recommended by the Virginia Bar Association and is intended to ensure that certain gifts will qualify for a marital deduction. The IRS has ruled that a gift which is contingent upon the happening of an event the timing of which is uncertain on the date of death ( for example, the wife surviving until the estate is settled) does not qualify even though it would likely occur or in fact did occur within the required time period.

Full text:
01/20/97  House: Presented & ordered printed 979032296  pdf
02/25/97  House: Bill text as passed House and Senate (HB2591ER)  pdf
03/17/97  Governor: Acts of Assembly Chapter text (CHAP0263)  pdf

Status:
01/20/97  House: Presented & ordered printed 979032296
01/20/97  House: Referred to Committee for Courts of Justice
01/23/97  House: Assigned to C. J. sub-committee: 2
02/02/97  House: Reported from Courts of Justice (22-Y 0-N)
02/02/97  House: Read first time
02/03/97  House: Read second time and engrossed
02/04/97  House: Read third time and passed House (Block Vote) (100-Y 0-N)
02/04/97  House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
02/04/97  House: Communicated to Senate
02/05/97  Senate: Constitutional reading dispensed (39-Y 0-N)
02/05/97  Senate: Referred to Committee for Courts of Justice
02/16/97  Senate: Reported from Courts of Justice (15-Y 0-N)
02/17/97  Senate: Const. reading disp., passed by for the day (40-Y 0-N)
02/17/97  Senate: VOTE: CONST. READING DISPENSED (40-Y 0-N)
02/18/97  Senate: Read third time
02/18/97  Senate: Passed Senate (40-Y 0-N)
02/18/97  Senate: VOTE: PASSAGE (40-Y 0-N)
02/25/97  House: Bill text as passed House and Senate (HB2591ER)
03/04/97  House: Enrolled
03/05/97  House: Signed by Speaker
03/06/97  Senate: Signed by President
03/11/97  Governor: Approved by Governor-Chapter 263 (effective 7/1/97)
03/17/97  Governor: Acts of Assembly Chapter text (CHAP0263)