Texas Statutes (Last Updated: January 4, 2014) |
ESTATES CODE |
Title 2. ESTATES OF DECEDENTS; DURABLE POWERS OF ATTORNEY |
Subtitle F. WILLS |
Chapter 255. CONSTRUCTION AND INTERPRETATION OF WILLS |
Subchapter C. LIFETIME GIFTS AS SATISFACTION OF DEVISE |
Sec. 255.102. VALUATION OF PROPERTY
Latest version.
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Property given in partial satisfaction of a devise shall be valued as of the earlier of:
(1) the date the devisee acquires possession of or enjoys the property; or
(2) the date of the testator's death.
Added by Acts 2009, 81st Leg., R.S., Ch. 680 , Sec. 1, eff. January 1, 2014.