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Texas Property Code - PROP § 240.104. Disclaimer of Interest in Inter Vivos Trust

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

In the case of an interest in an inter vivos trust:

(1) a disclaimer must be delivered to the trustee then serving, or, if no trustee is then serving, a disclaimer must be filed:

(A) with a court having jurisdiction to enforce the trust; or

(B) in the official public records of the county in which:

(i) the situs of administration of the trust is maintained; or

(ii) the settlor is domiciled or was domiciled on the date of the settlor's death; and

(2) if a disclaimer is made before the time the instrument creating the trust becomes irrevocable, a disclaimer must be delivered to the settlor of a revocable trust or the transferor of the interest.

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Cite this article: FindLaw.com - Texas Property Code - PROP § 240.104. Disclaimer of Interest in Inter Vivos Trust - last updated January 01, 2024 | https://codes.findlaw.com/tx/property-code/prop-sect-240-104/

Read this complete Texas Property Code - PROP § 240.104. Disclaimer of Interest in Inter Vivos Trust on Westlaw. Westlaw subscription required.

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