Texas Estates Code

§ 453.007 — DELIVERY OF COMMUNITY ESTATE ON FINAL PARTITION

ES § 453.007Title 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY · Part J. ADDITIONAL MATTERS RELATING TO THE ADMINISTRATION OF CERTAIN ESTATES · Ch. 453. ADMINISTRATION OF COMMUNITY PROPERTY

Statute text

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On final partition of the community estate, the surviving spouse shall deliver to the deceased spouse's heirs or devisees their interest in the estate, and the increase in and profits of the interest, after deducting from the interest:

(1)the proportion of the debts chargeable to the interest;

(2)unavoidable losses;

(3)necessary and reasonable expenses; and

(4)a reasonable commission for the management of the interest. Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014. Amended by:

Legislative history

Acts 2023, 88th Leg., R.S., Ch. 205 (S.B. 1373), Sec. 41, eff. September 1, 2023.