A. In addition to any other right or allowance under this article, a surviving spouse of a decedent who was domiciled in the Commonwealth is entitled to a homestead allowance of $20,000. If there is no surviving spouse, each minor child of the decedent is entitled to a homestead allowance amounting to $20,000, divided by the number of minor children.
B. The homestead allowance has priority over all claims against the estate, except the family allowance and the right to exempt property.
C. The homestead allowance is in lieu of any share passing to the surviving spouse or minor children by the decedent's will or by intestate succession; provided, however, if the amount passing to the surviving spouse and minor children by the decedent's will or by intestate succession is less than $20,000, then the surviving spouse or minor children are entitled to a homestead allowance in an amount that when added to the property passing to the surviving spouse and minor children by the decedent's will or by intestate succession, equals the sum of $20,000.
D. If the surviving spouse claims and receives an elective share of the decedent's estate under §§ 64.2-302 through 64.2-307, the surviving spouse shall not have the benefit of any homestead allowance. If the surviving spouse claims and receives an elective share of the decedent's estate under Article 1.1 (§ 64.2-308.1 et seq.), the homestead allowance shall be in addition to any benefit or share passing to the surviving spouse by way of elective share.
1981, c. 580, § 64.1-151.3; 1990, c. 831; 2001, c. 368; 2012, c. 614; 2014, c. 532; 2016, cc. 187, 269; 2017, cc. 32, 82.
Structure Code of Virginia
Title 64.2 - Wills, Trusts, and Fiduciaries
Chapter 3 - Rights of Married Persons
§ 64.2-300. Applicability; definitions
§ 64.2-301. Dower or curtesy abolished
§ 64.2-302. When and how elective share may be claimed by surviving spouse
§ 64.2-304. Rights upon claiming an elective share
§ 64.2-305. Augmented estate; exclusions; valuation
§ 64.2-307. Rights in family residence
§ 64.2-308. Statutory rights barred by desertion or abandonment
§ 64.2-308.1. Applicability; definitions
§ 64.2-308.2. Dower or curtesy abolished
§ 64.2-308.3. Elective share amount; effect of election on statutory benefits; non-domiciliary
§ 64.2-308.4. Composition of the augmented estate; marital property portion
§ 64.2-308.5. Decedent's net probate estate
§ 64.2-308.6. Decedent's non-probate transfers to others
§ 64.2-308.7. Decedent's non-probate transfers to the surviving spouse
§ 64.2-308.8. Surviving spouse's property and non-probate transfers to others
§ 64.2-308.9. Exclusions, valuation, and overlapping application
§ 64.2-308.10. Sources from which elective share payable
§ 64.2-308.11. Personal liability of recipients
§ 64.2-308.12. Proceeding for elective share; time limit
§ 64.2-308.13. Right of election personal to surviving spouse; incapacitated surviving spouse
§ 64.2-308.14. Waiver of right to elect and of other rights; defenses
§ 64.2-308.15. Protection of payors and other third parties
§ 64.2-308.16. Rights in family residence
§ 64.2-308.17. Statutory rights barred by desertion or abandonment
§ 64.2-311. Homestead allowance
§ 64.2-313. When and how exempt property and allowances may be claimed
§ 64.2-317. Disposition upon death
§ 64.2-318. Perfection of title of surviving spouse
§ 64.2-319. Perfection of title of personal representative, heir or devisee
§ 64.2-320. Purchaser for value or lender
§ 64.2-322. Acts of married persons