Texas Estates Code 1153.005 – One Notice Sufficient; Liability for Failure to Give Required Notice
Current as of: 2024 | Check for updates
|
Other versions
(a) A guardian of an estate is not required to give a notice required by § 1153.001 or 1153.003 if another person also appointed as guardian or a former guardian has given that notice.
(b) If the guardian fails to give a notice required by other sections of this title or to cause the notice to be given, the guardian and the sureties on the guardian’s bond are liable for any damage a person suffers because of the neglect, unless it appears that the person otherwise had notice.
Terms Used In Texas Estates Code 1153.005
- Estate: means a decedent's property, as that property:
(1) exists originally and as the property changes in form by sale, reinvestment, or otherwise;
(2) is augmented by any accretions and other additions to the property, including any property to be distributed to the decedent's representative by the trustee of a trust that terminates on the decedent's death, and substitutions for the property; and
(3) is diminished by any decreases in or distributions from the property. See Texas Estates Code 22.012 - Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Person: includes a natural person and a corporation. See Texas Estates Code 22.027