Texas Estates Code 1105.105 – Bond of Married Person
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(a) A married person appointed as guardian may jointly execute, with or without, the person’s spouse, a bond required by law.
(b) A bond executed by a married person:
(1) binds the person’s separate estate; and
(2) may bind the person’s spouse only if the spouse signs the bond.
Terms Used In Texas Estates Code 1105.105
- 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