How is money owed to the decedent collected if no one qualifies as executor or administrator?
The Commonwealth of Virginia, the United States, labor unions, employers, and certain other agencies may pay tax refunds, death benefits, or certain other types of benefits owed to the decedent and not exceeding $15,000, directly to the surviving spouse of the decedent, or if there is no surviving spouse, to the persons who are entitled to the estate. They may withhold payment for sixty days from the date of death, in order to see if anyone qualifies during that time period, and thereafter, may pay the benefits upon a request from the surviving spouse or other persons entitled to them. Bank accounts, savings and loan accounts, and credit union accounts with balances of not more than $15,000 may also be transferred to the surviving spouse, or if none, to the persons entitled to the estate when there has been no qualification on the estate within 60 days of death. Q: Can stock certificates be transferred if no one qualifies as executor or administrator? A: If the value of a stock in the
