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Texas Estates Code - EST § 1055.152. Mediated Settlement Agreements

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) A mediated settlement agreement is binding on the parties if the agreement:

(1) provides, in a prominently displayed statement that is in boldfaced type, in capital letters, or underlined, that the agreement is not subject to revocation by the parties;

(2) is signed by each party to the agreement;  and

(3) is signed by the party's attorney, if any, who is present at the time the agreement is signed.

(b) If a mediated settlement agreement meets the requirements of this section, a party is entitled to judgment on the mediated settlement agreement notwithstanding Rule 11, Texas Rules of Civil Procedure, or another rule or law.

(c) Notwithstanding Subsections (a) and (b), a court may decline to enter a judgment on a mediated settlement agreement if the court finds that the agreement is not in the ward's or proposed ward's best interests.

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Cite this article: FindLaw.com - Texas Estates Code - EST § 1055.152. Mediated Settlement Agreements - last updated January 01, 2024 | https://codes.findlaw.com/tx/estates-code/est-sect-1055-152/

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