Tex. Est. Code Section 1162.002
Estate or Other Transfer Plan: Contents and Modification

(a)

The person making an application to the court under Section 1162.001 (Authority to Establish Estate or Other Transfer Plan) shall:

(1)

outline the proposed estate or other transfer plan; and

(2)

state all the benefits that are to be derived from the plan.

(b)

The application must indicate that the planned disposition is consistent with the ward’s intentions, if the ward’s intentions can be ascertained. If the ward’s intentions cannot be ascertained, the ward will be presumed to favor reduction in the incidence of the various forms of taxation, the qualification for government benefits, and the partial distribution of the ward’s estate as provided by Sections 1162.001 (Authority to Establish Estate or Other Transfer Plan) and 1162.004 (Authority to Make Periodic Gifts).

(c)

A subsequent modification of an approved plan may be made by similar application to the court.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 161 (S.B. 1093), Sec. 6.051, eff. January 1, 2014.

Source: Section 1162.002 — Estate or Other Transfer Plan: Contents and Modification, https://statutes.­capitol.­texas.­gov/Docs/ES/htm/ES.­1162.­htm#1162.­002 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 1162.002’s source at texas​.gov