Sec. 1163.002. ANNUAL ACCOUNT REQUIRED UNTIL ESTATE CLOSED. (a) A guardian of the estate shall file an annual account conforming to the essential requirements of Section 1163.001 regarding changes in the estate assets occurring since the date the most recent previous account was filed.
(b) The annual account must be filed in a manner that allows the court or an interested person to ascertain the true condition of the estate, with respect to money, securities, and other property, by adding to the balances forwarded from the most recent previous account the amounts received during the period covered by the account and subtracting the disbursements made during that period.
(c) The description of property sufficiently described in an inventory or previous account may be made in the annual account by reference to the property.
Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759), Sec. 1.02, eff. January 1, 2014.
Structure Texas Statutes
Title 3 - Guardianship and Related Procedures
Subtitle E - Administration of Guardianship
Chapter 1163 - Annual Account and Other Exhibits and Reports
Subchapter A. Annual Account and Other Exhibits by Guardian of the Estate
Section 1163.001. Initial Annual Account of Estate
Section 1163.002. Annual Account Required Until Estate Closed
Section 1163.003. Supporting Vouchers and Other Documents Attached to Account
Section 1163.004. Method of Proof for Securities and Other Assets
Section 1163.005. Verification of Account and Statement Regarding Taxes and Status as Guardian