Sec. 101.002. EFFECT OF JOINT OWNERSHIP OF PROPERTY. If two or more persons hold an interest in property jointly and one joint owner dies before severance, the interest of the decedent in the joint estate:
(1) does not survive to the remaining joint owner or owners; and
(2) passes by will or intestacy from the decedent as if the decedent's interest had been severed.
Added by Acts 2009, 81st Leg., R.S., Ch. 680, Sec. 1, eff. January 1, 2014.
Structure Texas Statutes
Title 2 - Estates of Decedents; Durable Powers of Attorney
Subtitle C - Passage of Title and Distribution of Decedents' Property in General
Chapter 101 - Estate Assets in General
Subchapter A. Passage and Possession of Decedent's Estate on Death
Section 101.001. Passage of Estate on Decedent's Death
Section 101.002. Effect of Joint Ownership of Property
Section 101.003. Possession of Estate by Personal Representative