This law allows trustees to distribute assets to beneficiaries who are minors or incapacitated. It provides options for direct distribution or through a guardian, ensuring that those unable to manage their own affairs receive their benefits appropriately.
Trustees can distribute assets to minors or incapacitated beneficiaries.
Distributions can be made directly or through a guardian.
Ensures beneficiaries receive support despite legal or physical limitations.
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In simple terms: Learn about Texas's DISTRIBUTION TO MINOR OR INCAPACITATED 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.