Texas Estates Code

§ 255.102 — VALUATION OF PROPERTY

ES § 255.102Title 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY · Part F. WILLS · Ch. 255. CONSTRUCTION AND INTERPRETATION OF WILLS · Art. C. LIFETIME GIFTS AS SATISFACTION OF DEVISE

Statute text

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Property given in partial satisfaction of a devise shall be valued as of the earlier of:

(1)the date the devisee acquires possession of or enjoys the property; or

(2)the date of the testator's death.

Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.