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Senate Bill 995 |
Senate Author: Rodríguez |
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Effective: 9-1-15 |
House Sponsor: Wray |
Senate Bill 995 amends provisions of the Estates Code relating to decedents' estates. Among other provisions, including provisions intended only to clarify existing law, the bill revises provisions relating to the effect of the dissolution of a marriage on a will and on certain nontestamentary transfers and sets out provisions governing the effect of the dissolution of a marriage on certain multiple-party accounts. The bill revises provisions relating to matters affecting inheritance, a determination of heirship, fundamental requirements of a will, changing or revoking a will, the validity of certain provisions in and contracts relating to a will, and the construction and interpretation of a will and sets out provisions regarding class gift membership and the judicial modification or reformation of a will. The bill revises provisions governing the probate of a will and of a will as muniment of title; the appointment of a personal representative and the administration of an estate, including the independent and temporary administration of an estate; and the ancillary probate of a foreign will. The bill establishes provisions governing the authority of a personal representative to designate a lawyer on behalf of a deceased lawyer for certain trust or escrow accounts.