Texas Statutes
Subchapter B. Death Benefits Under Employees' Trusts
Section 121.055. Exemption From Taxes and Debts

Sec. 121.055. EXEMPTION FROM TAXES AND DEBTS. Unless the trust agreement, declaration of trust, or will provides otherwise, a death benefit payable to a trustee under this subchapter is not:
(1) part of the deceased employee's estate;
(2) subject to the debts of the deceased employee or the employee's estate, or to other charges enforceable against the estate; or
(3) subject to the payment of taxes enforceable against the deceased employee's estate to a greater extent than if the death benefit is payable, free of trust, to a beneficiary other than the executor or administrator of the estate of the employee.
Acts 1983, 68th Leg., p. 3694, ch. 576, Sec. 1, eff. Jan. 1, 1984.

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