Tex. Estates Code § 1301.053

This is the official text of Tex. Estates Code § 1301.053, part of Texas’s Estates Code — governs wills, probate, and estate administration.

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§ 1301.053. CREATION OF TRUST.

Official statutory text

(a) On application by an appropriate person as provided by Section 1301.051 and subject to Section 1301.054(a), if applicable, the court with jurisdiction over the proceedings may enter an order that creates a trust for the management of the funds of the person with respect to whom the application is filed if the court finds that the creation of the trust is in the person's best interests.

(b) The court may maintain a trust created under this section under the same cause number as the guardianship proceeding, if the person for whom the trust is created is a ward or proposed ward.

Status: in_force · Read it on the official government site

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