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Texas Estates Code - EST § 403.0585. Liability of Independent Executor for Payment of a Claim

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

An independent executor, in the administration of an estate, may pay at any time and without personal liability a claim for money against the estate to the extent approved and classified by the independent executor if:

(1) the claim is not barred by limitations;  and

(2) at the time of payment, the independent executor reasonably believes the estate will have sufficient assets to pay all claims against the estate.

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Cite this article: FindLaw.com - Texas Estates Code - EST § 403.0585. Liability of Independent Executor for Payment of a Claim - last updated January 01, 2024 | https://codes.findlaw.com/tx/estates-code/est-sect-403-0585/

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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