Texas Estates Code

§ 1161.005 — MODIFICATION OR ELIMINATION OF DUTY OR STANDARD

ES § 1161.005Title 3. GUARDIANSHIP AND RELATED PROCEDURES · Part E. ADMINISTRATION OF GUARDIANSHIP · Ch. 1161. INVESTMENTS AND LOANS OF ESTATES OF WARDS · Art. A. GENERAL PROVISIONS

Statute text

View on source

On a showing by clear and convincing evidence that the action is in the best interests of the ward and the ward's estate, the court may modify or eliminate:

(1)the duty of the guardian of the estate to keep the estate invested; or

(2)the standard required by Section 1161.002(a) with regard to investments of estate assets.

Legislative history

Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.