Texas Estates Code Chapter 255 > Subchapter G – Exoneration of Debts Secured by Specific Devises
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§ 255.301 | No Right to Exoneration of Debts |
§ 255.302 | Exception |
§ 255.303 | Rights of Certain Creditors and Other Persons |
§ 255.304 | Applicability of Subchapter |
Terms Used In Texas Estates Code Chapter 255 > Subchapter G - Exoneration of Debts Secured by Specific Devises
- Contract: A legal written agreement that becomes binding when signed.
- Devise: To gift property by will.
- Devisee: includes a legatee. See Texas Estates Code 22.009
- 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 - Property: means real and personal property. See Texas Government Code 311.005
- Testator: A male person who leaves a will at death.