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Texas Estates Code - EST § 255.101. Certain Lifetime Gifts Considered Satisfaction of Devise

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

Property that a testator gives to a person during the testator's lifetime is considered a satisfaction, either wholly or partly, of a devise to the person if:

(1) the testator's will provides for deduction of the lifetime gift from the devise;

(2) the testator declares in a contemporaneous writing that the lifetime gift is to be deducted from, or is in satisfaction of, the devise; or

(3) the devisee acknowledges in writing that the lifetime gift is in satisfaction of the devise.

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Cite this article: FindLaw.com - Texas Estates Code - EST § 255.101. Certain Lifetime Gifts Considered Satisfaction of Devise - last updated January 01, 2024 | https://codes.findlaw.com/tx/estates-code/est-sect-255-101/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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