HOUSE BILL 1852 |
HOUSE AUTHOR: Thompson |
EFFECTIVE: 09-01-99 |
SENATE SPONSOR: Harris |
House Bill 1852 amends the Texas Probate Code to clarify the conditions under which a will may be probated as muniment of title and outlines the procedures for releasing independent executors from fully disclosed transactions. The act reconciles certain differences between the Texas Probate Code and the state's homestead liability laws and authorizes the administrator to allocate interest due on the estate between income and principal.