(a) An owner of a motor vehicle may transfer the owner’s interest in the motor vehicle to a sole beneficiary effective on the owner’s death by designating a beneficiary as provided by Section 501.0315, Transportation Code.
(b) A beneficiary designation is:
(1) subject to Section 115.003(b), revocable and may be changed at any time without the consent of the designated beneficiary as provided by Section 501.0315, Transportation Code;
(2) a nontestamentary instrument; and
(3) effective without:
(A) notice or delivery to or acceptance by the designated beneficiary during the owner’s life; or
(B) consideration.

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Terms Used In Texas Estates Code 115.002

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Property: means real and personal property. See Texas Government Code 311.005

(c) A will may not revoke or supersede a beneficiary designation, regardless of when the will is made.
(d) A designated beneficiary may disclaim the designated beneficiary’s interest in the motor vehicle as provided by Chapter 240, Property Code.

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