Texas Distribution Deed - Joint Independent Executors to an Individual Beneficiary

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Can independent co-executors act alone in Texas?

The executor may also be a beneficiary of the Will, though he or she must treat all beneficiaries fairly and in ance with the provisions of the Will. The duties of an independent executor are those of a trustee. He holds property interests, not his own, for the benefit of others.

Can a person be both executor and beneficiary?

JOINT EXECUTORS OR ADMINISTRATORS. (a) Except as provided by Subsection (b), if there is more than one executor or administrator of an estate at the same time, the acts of one of the executors or administrators in that capacity are valid as if all the executors or administrators had acted jointly.

Can an executor be a beneficiary in Texas?

Can the same person be the executor and beneficiary? Yes, the executor and beneficiary can be named as the same person in the Will. Its perfectly normal and legal.

Can executor and beneficiary be the same person?

Can an Executor Evict a Beneficiary? Executors often oversee real estate properties mentioned in the will. However, evicting a beneficiary involves complex legal procedures and typically necessitates justifiable reasons coupled with court approval.

Does a beneficiary override an executor?

Generally, no, beneficiaries cannot override an executor unless the executor fails to follow the will, breaches their fiduciary duty, or the beneficiaries obtain an order from the probate court instructing the executor to take action the executor had resisted.