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Current as of January 01, 2024 | Updated by Findlaw Staff
An independent executor may file a closing report verified by affidavit that:
(1) shows:
(A) the property of the estate that came into the independent executor's possession;
(B) the debts that have been paid;
(C) the debts, if any, still owing by the estate;
(D) the property of the estate, if any, remaining on hand after payment of debts; and
(E) the names and addresses of the distributees to whom the property of the estate, if any, remaining on hand after payment of debts has been distributed; and
(2) includes signed receipts or other proof of delivery of property to the distributees named in the closing report if the closing report reflects that there was property remaining on hand after payment of debts.
Cite this article: FindLaw.com - Texas Estates Code - EST § 405.005. Closing Report - last updated January 01, 2024 | https://codes.findlaw.com/tx/estates-code/est-sect-405-005/
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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