HOUSE BILL 1314 |
HOUSE AUTHOR: Naishtat |
EFFECTIVE: 09-01-97 |
SENATE SPONSOR: Wentworth |
House Bill 1314 amends the Texas Probate Code to authorize a ward's attorney ad litem to apply for the creation of a trust for the management of the ward's assets. The act allows the court to omit or modify certain terms of the trust if the court determines it necessary for the ward to be eligible to receive public benefits or other assistance that would not otherwise be available to the ward and is in the best interest of the ward. The act grants the court that created a trust jurisdiction authority to hear matters relating to the trust and provides for the discharge of the guardian of the ward's estate.