Enrolled Bill Summary

            House Bill 898 amends the Texas Probate Code to permit a parent, a managing conservator of a minor who is not a ward, or the guardian of a ward who does not have a guardian of the ward's estate to apply for an order to sell the minor's or the ward's interest in real or personal property without being appointed as a guardian of the minor's or ward's estate if the interest in the property is no more than $100,000; this amount was previously capped at $50,000. The bill allows the termination of the guardianship of a minor ward's estate when the estate consists only of cash or cash equivalents in an amount of $100,000 or less, increasing this threshold from the previous maximum level of $25,000. The bill also increases from $50,000 to $100,000 the maximum amount that a creditor who is a minor or other incapacitated person or the former ward of a terminated guardianship is entitled to receive from a debtor when such a creditor is without a legal guardian of the estate.