64.1-160 - Definitions. - Virginia Statutes

§ 64.1-160. Definitions.

For the purposes of this article:

"Persons interested in the estate" includes all persons, firms andcorporations who may be entitled to receive or who have received any propertyor interest which is required to be included in the gross estate of thedecedent or any benefit whatsoever with respect to any such property orinterest, whether under a will or intestacy or by reason of any transfer,trust, estate, interest, right, power or relinquishment of power, taxableunder any estate tax law of the Commonwealth of Virginia, any other state orthe United States heretofore or hereafter enacted.

"Gross estate" includes any property or interest which is required to beincluded in the gross estate of the decedent under the estate tax law of theUnited States, increased by any "adjusted taxable gifts" as defined in §2001 (b) of the Internal Revenue Code.

(Code 1950, § 64-150; 1968, c. 656; 1979, c. 559; 1981, c. 98; 1994, c. 917.)