Tex. Ins. Code Section 1104.023
Debts; Inheritance Tax

Life insurance policy proceeds received by a trustee under this subchapter are not subject to debts of the insured or to inheritance tax to any greater extent than if the proceeds were payable to a beneficiary other than the executor or administrator of the insured’s estate.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 2, eff. June 1, 2003.

Source: Section 1104.023 — Debts; Inheritance Tax, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­1104.­htm#1104.­023 (accessed May 11, 2024).

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Accessed:
May 11, 2024

§ 1104.023’s source at texas​.gov