Tex. Property Code § 121.058: CONSTRUCTION.
Where this section sits in the code
- PROPERTY CODE
- TITLE 9. TRUSTS
- SUBTITLE C. MISCELLANEOUS TRUSTS
- CHAPTER 121. EMPLOYEES' TRUSTS
- SUBCHAPTER B. DEATH BENEFITS UNDER EMPLOYEES' TRUSTS
(a) This subchapter is intended to be declaratory of the common law of this state.
(b) A court shall liberally construe this subchapter to effect the intent that a death benefit received by a trustee under this subchapter is not subject to the obligations of the employee or the employee's estate unless the trust receiving the benefit expressly provides otherwise.
(c) A death benefit shall not be included in property administered as part of a testator's estate or in an inventory filed with the county court because of a reference in a will to the death benefit or because of the naming of the trustee of a testamentary trust.
Acts 1983, 68th Leg., p. 3694, ch. 576, Sec. 1, eff. Jan. 1, 1984.
Collected 2026-08-27T01:47:37Z. Source file · JSON