Texas Estates Code

§ 111.001 — RIGHT OF SURVIVORSHIP AGREEMENTS AUTHORIZED

ES § 111.001Title 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY · Part C. PASSAGE OF TITLE AND DISTRIBUTION OF DECEDENTS' PROPERTY IN GENERAL · Ch. 111. NONPROBATE ASSETS IN GENERAL · Art. A. RIGHT OF SURVIVORSHIP AGREEMENTS

Statute text

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(a)Notwithstanding Section 101.002, two or more persons who hold an interest in property jointly may agree in writing that the interest of a joint owner who dies survives to the surviving joint owner or owners.

(b)An agreement described by Subsection (a) may not be inferred from the mere fact that property is held in joint ownership.

Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 680, Sec. 1, eff. January 1, 2014.