Source: http://inheritancelaws.info/tag/inheritance/page/3/
Timestamp: 2018-02-19 14:15:30
Document Index: 374783152

Matched Legal Cases: ['art 3', '§121', '§47', '§251', '§251', '§68', '§68']

Inheritance | Inheritance Law Updates - Part 3
by Robert Ray | May 17, 2012 | Children, Probate, Spouse | 0 |
In a posting on the World Bank’s blog, there is an article that points out that wives and daughters don’t have the same inheritance rights as husbands and sons in developing countries. In those countries, ownership...
by Robert Ray | Jan 5, 2010 | Inheritance, Probate | 0 |
When are you dead? I recently wrote on the issue of when are you dead for probate purposes here. The issue is important because Texas has a statute that says that if a person gives you something in their will and you...
When are you dead for inheritance purposes?
by Robert Ray | Oct 23, 2009 | Probate, Procedure | 0 |
When are you dead? The Simultaneous Death Act, Texas Estates Code §121.001 (formally Probate Code §47), provides that if you don’t survive the decedent by 120 hours or if you both die in a common disaster, it will be...
by Robert Ray | Oct 13, 2009 | Spouse | 0 |
A putative spouse is one who, in good faith, thinks that he or she is married when they are not. I’ve written a brief description of a putative spouse and their inheritance rights at our web site,...
by Robert Ray | Sep 10, 2009 | Inheritance | 8 |
that if the beneficiary is a descendant of the Testator, i.e. his children or grandchildren, the gift goes to the beneficiary’s descendants. The same would be true if the beneficiary is a descendant of the Testator‘s parents.
If the beneficiary is not a descendant of the Testator or of the Testator‘s parents, the gift lapses and goes to the person named as the residuary beneficiary. The residuary beneficiary is the person who the Testator names as the person who gets “all the rest and residue of my estate” or similar language. If there is no residuary clause in the will or the residuary beneficiary dies before the Testator and is not a descendant of the Testator or of the Testator‘s parents, the gift lapses and the Testator dies intestate as to the property that would be in the residuary estate. It would then go to the Testator‘s heirs at law.
However, the anti-lapse statute, §251.151-§251.153 of the Texas Estates Code (formerly §68 of the Probate Code, provides) “(t)his Subchapter applies unless the testator’s last will and testament provides otherwise.” For example, a devise or bequest in the testator’s will such as “to my surviving children” or “to such of my children as shall survive me” prevents the application of Subsections 251.153 and 251.154 (formerly Section (a) of the Probate Code §68.) In 2011, a court held that the testator’s will provided otherwise when he defined his residuary estate as ” the term “residuary estate” means all property in which I may have any interest (including lapsed gifts)…” No. 01-10-00118-CV. The court ruled that because of this language, the gift did lapse and went into the residuary estate even though in the will, the testator provided that the gift originally went to the testator’s children who predeceased him but who had children surviving. Pearls of wisdom: A poorly drawn will may mean that your property goes to someone other than the person who you want to receive the property.