Texas Estates Code Chapter 255 > Subchapter I – Class Gifts
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§ 255.401 | Posthumous Class Gift Membership |
Terms Used In Texas Estates Code Chapter 255 > Subchapter I - Class Gifts
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Person: includes a natural person and a corporation. See Texas Estates Code 22.027
- Testator: A male person who leaves a will at death.