§ 1104.021 Trustee Named as Beneficiary in Policy
§ 1104.022 Trustee Named as Beneficiary in Will
§ 1104.023 Debts; Inheritance Tax
§ 1104.024 Commingling
§ 1104.025 Certain Prior Beneficiary Designations Not Affected
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Terms Used In Texas Insurance Code Chapter 1104 > Subchapter B - Trustee Named as Beneficiary of Life Insurance Policy

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Executor: A male person named in a will to carry out the decedent
  • Probate: Proving a will
  • Testator: A male person who leaves a will at death.
  • Trustee: A person or institution holding and administering property in trust.