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Texas Statutes (Last Updated: January 4, 2014) |
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ESTATES CODE |
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Title 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY |
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Subtitle C. PASSAGE OF TITLE AND DISTRIBUTION OF DECEDENTS' PROPERTY IN GENERAL |
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Chapter 122. DISCLAIMERS AND ASSIGNMENTS |
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Subchapter A. GENERAL PROVISIONS RELATING TO DISCLAIMER |
Sec. 122.001. DEFINITIONS
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In this chapter, other than Subchapter E:
(1) "Beneficiary" includes a person who would have been entitled, if the person had not made a disclaimer, to receive property as a result of the death of another person:
(A) by inheritance;
(B) under a will;
(C) by an agreement between spouses for community property with a right of survivorship;
(D) by a joint tenancy with a right of survivorship;
(E) by a survivorship agreement, account, or interest in which the interest of the decedent passes to a surviving beneficiary;
(F) by an insurance, annuity, endowment, employment, deferred compensation, or other contract or arrangement; or
(G) under a pension, profit sharing, thrift, stock bonus, life insurance, survivor income, incentive, or other plan or program providing retirement, welfare, or fringe benefits with respect to an employee or a self-employed individual.
(2) "Disclaimer" includes renunciation.
(3) "Property" includes all legal and equitable interests, powers, and property, present or future, vested or contingent, and beneficial or burdensome, in whole or in part.