Texas Estates Code 1151.152 – Possession of Personal Property and Records
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(a) Immediately after receiving letters of guardianship, the guardian of the estate shall collect and take possession of the ward‘s personal property, record books, title papers, and other business papers.
(b) The guardian of the estate shall deliver the ward’s personal property, record books, title papers, and other business papers to a person legally entitled to that property when:
(1) the guardianship has been closed; or
(2) a successor guardian has received letters of guardianship.
Terms Used In Texas Estates Code 1151.152
- Estate: means a decedent's property, as that property:
(1) exists originally and as the property changes in form by sale, reinvestment, or otherwise;
(2) is augmented by any accretions and other additions to the property, including any property to be distributed to the decedent's representative by the trustee of a trust that terminates on the decedent's death, and substitutions for the property; and
(3) is diminished by any decreases in or distributions from the property. See Texas Estates Code 22.012 - Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Person: includes a natural person and a corporation. See Texas Estates Code 22.027
- Personal property: All property that is not real property.
- Personal property: includes an interest in:
(1) goods;
(2) money;
(3) a chose in action;
(4) an evidence of debt; and
(5) a real chattel. See Texas Estates Code 22.028 - Property: means real and personal property. See Texas Government Code 311.005
- Ward: means a person for whom a guardian has been appointed. See Texas Estates Code 22.033