Tex. Est. Code § 1301.053 · Subchapter B. CREATION OF MANAGEMENT TRUSTS
CREATION OF TRUST.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) On application by an appropriate person as provided by Section 1301.051 and subject to Section 1301.054(a), if applicable, the court with jurisdiction over the proceedings may enter an order that creates a trust for the management of the funds of the person with respect to whom the application is filed if the court finds that the creation of the trust is in the person's best interests.
(b) The court may maintain a trust created under this section under the same cause number as the guardianship proceeding, if the person for whom the trust is created is a ward or proposed ward.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 161 (S.B. 1093), Sec. 6.062, eff. January 1, 2014.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/ES/htm/ES.1301.htm
- Text hash
- sha256 b88d58f55be4aaf427dfdb55645edb92be9f91ec42d6cd5960dc25516f1cc074
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Cited by 3 provisions
Provisions in this library whose text cites Tex. Est. Code § 1301.053. Each shows the citation as that text prints it.
Estates Code
- Tex. Est. Code § 1021.001MATTERS RELATED TO GUARDIANSHIP PROCEEDING.Printed as Section 1301.053 or 1301.054
- Tex. Est. Code § 1301.001DEFINITION.Printed as Section 1301.053 or 1301.054
- Tex. Est. Code § 1356.054SET-ASIDE AND PRESERVATION OF PORTION OF NET EARNINGS.Printed as Section 1301.053 or 1301.054
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.