121.058 – CONSTRUCTION. (a) This subchapter is intended
Texas Property Code § 121.058
Summary
This law clarifies that death benefits received by a trustee are not subject to the employee's debts unless specified otherwise. It ensures that such benefits are treated separately from the employee's estate in probate matters. This affects trustees and beneficiaries of death benefits in Texas.
Death benefits are not liable for employee's debts unless stated otherwise.
Trustees must manage benefits according to the trust's terms.
Benefits are excluded from the testator's estate administration.
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In simple terms: Learn about Texas's CONSTRUCTION. (a) This subchapter is intended law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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