1104.021 – TRUSTEE NAMED AS BENEFICIARY IN POLICY. (a) An
Texas Insurance Code § 1104.021
Summary
This law allows individuals to designate a trustee as the beneficiary of their life insurance policy. It ensures that the validity of the trust agreement remains intact regardless of whether the trust has other assets.
Individuals can name a trustee as a life insurance beneficiary.
Trust validity is unaffected by the existence of additional trust assets.
Ensures proper management of insurance proceeds through the trustee.
Frequently Asked Questions
Why Attorneys Choose FlawFinder
Side-by-side with Westlaw and LexisNexis
Feature
FlawFinder
Westlaw
LexisNexis
Monthly price
$19 - $99
$133 - $646
$153 - $399
Contract
None
1-3 year min
1-6 year min
Hidden fees
$0, always
Up to $469/search
$25/mo + per-doc
Police SOPs
✓ 310+ departments
✗
✗
Zero-hallucination AI
✓ CitationGuard
✗
✗
Cancel
One click
Termination fees
No option to cancel
Explain Like I'm 5
In simple terms: Learn about Texas's TRUSTEE NAMED AS BENEFICIARY IN POLICY. (a) An law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
FlawFinder provides legal information, not legal advice. Consult a licensed attorney for specific legal guidance.