Texas Statutes (Last Updated: January 4, 2014) |
ESTATES CODE |
Title 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY |
Subtitle C. PASSAGE OF TITLE AND DISTRIBUTION OF DECEDENTS' PROPERTY IN GENERAL |
Chapter 122. DISCLAIMERS AND ASSIGNMENTS |
Subchapter D. PARTIAL DISCLAIMER |
Sec. 122.152. EFFECT OF PARTIAL DISCLAIMER
Latest version.
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A partial disclaimer in accordance with this chapter is effective whether the property disclaimed constitutes a portion of a single, aggregate gift or constitutes part or all of a separate, independent gift, except that:
(1) a partial disclaimer is effective only with respect to property expressly described or referred to by category in the disclaimer; and
(2) a partial disclaimer of property subject to a burdensome interest created by the decedent's will is not effective unless the property constitutes a gift separate and distinct from undisclaimed gifts.
Added by Acts 2009, 81st Leg., R.S., Ch. 680 , Sec. 1, eff. January 1, 2014.