141.007 – OTHER TRANSFER BY FIDUCIARY. (a) Subject to
Texas Property Code § 141.007
Summary
This law allows guardians, legal representatives, or trustees to make irrevocable transfers for a minor's benefit, even without a will. Court approval is required for guardians to execute such transfers, ensuring oversight in the process.
Permits irrevocable transfers for minors' benefit by fiduciaries.
Applicable in absence of a will or without specific authorization.
Court approval is necessary for guardians to make transfers.
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In simple terms: Learn about Texas's OTHER TRANSFER BY FIDUCIARY. (a) Subject to 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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