Texas Estates Code 403.051 – Duty of Independent Executor
(a) An independent executor, in the administration of an estate, independently of and without application to, or any action in or by the court:
(1) shall give the notices required under Sections 308.051 and 308.053;
(2) may give the notice to an unsecured creditor with a claim for money permitted under § 308.054 and bar a claim under § 403.055; and
(3) may approve or reject any claim, or take no action on a claim, and shall classify and pay claims approved or established by suit against the estate in the same order of priority, classification, and proration prescribed in this title.
(b) To be effective, the notice prescribed under Subsection (a)(2) must include, in addition to the other information required by § 308.054, a statement that a claim may be effectively presented by only one of the methods prescribed by this subchapter.
Terms Used In Texas Estates Code 403.051
- Claims: includes :
(1) liabilities of a decedent that survive the decedent's death, including taxes, regardless of whether the liabilities arise in contract or tort or otherwise;
(2) funeral expenses;
(3) the expense of a tombstone;
(4) expenses of administration;
(5) estate and inheritance taxes; and
(6) debts due such estates. See Texas Estates Code 22.005 - Court: means and includes:
(1) a county court in the exercise of its probate jurisdiction;
(2) a court created by statute and authorized to exercise original probate jurisdiction; and
(3) a district court exercising original probate jurisdiction in a contested matter. See Texas Estates Code 22.007 - 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 - Executor: A male person named in a will to carry out the decedent