{"data":{"id":"us-tx/tex.-estates-code-1301.053","jurisdiction":"us-tx","citation":"Tex. Estates Code § 1301.053","heading":"CREATION OF TRUST.","body":"(a) On application by an appropriate person as provided by Section 1301.051 and subject to Section 1301.054(a), if applicable, the court with jurisdiction over the proceedings may enter an order that creates a trust for the management of the funds of the person with respect to whom the application is filed if the court finds that the creation of the trust is in the person's best interests.\n(b) The court may maintain a trust created under this section under the same cause number as the guardianship proceeding, if the person for whom the trust is created is a ward or proposed ward.\nAdded by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.\nAmended by:\nActs 2013, 83rd Leg., R.S., Ch. 161 (S.B. 1093), Sec. 6.062, eff. January 1, 2014.","path":["ESTATES CODE","TITLE 3. GUARDIANSHIP AND RELATED PROCEDURES","SUBTITLE H. COURT-AUTHORIZED TRUSTS AND ACCOUNTS","CHAPTER 1301. MANAGEMENT TRUSTS","SUBCHAPTER B. CREATION OF MANAGEMENT TRUSTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/ES/htm/ES.1301.htm#1301.053","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:08Z","sha256":"0109b6fa5783765f369aa454cd854f83d49a619d7b6a474ba498ab6c2e93518f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-estates-code-1301.052","next":"us-tx/tex.-estates-code-1301.054"},"notice":"GroundRules: Original legal text. Not legal advice."}