Sec. 405.005. CLOSING REPORT. An independent executor may file a closing report verified by affidavit that:
(1) shows:
(A) the property of the estate that came into the independent executor's possession;
(B) the debts that have been paid;
(C) the debts, if any, still owing by the estate;
(D) the property of the estate, if any, remaining on hand after payment of debts; and
(E) the names and addresses of the distributees to whom the property of the estate, if any, remaining on hand after payment of debts has been distributed; and
(2) includes signed receipts or other proof of delivery of property to the distributees named in the closing report if the closing report reflects that there was property remaining on hand after payment of debts.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1338 (S.B. 1198), Sec. 2.53, eff. January 1, 2014.
Structure Texas Statutes
Title 2 - Estates of Decedents; Durable Powers of Attorney
Subtitle I - Independent Administration
Chapter 405 - Closing and Distributions
Section 405.001. Accounting and Distribution
Section 405.0015. Distributions Generally
Section 405.002. Receipts and Releases for Distributions by Independent Executor
Section 405.003. Judicial Discharge of Independent Executor
Section 405.004. Closing Independent Administration by Closing Report or Notice of Closing Estate
Section 405.005. Closing Report
Section 405.006. Notice of Closing Estate
Section 405.007. Effect of Filing Closing Report or Notice of Closing Estate
Section 405.008. Partition and Distribution or Sale of Property Incapable of Division
Section 405.009. Closing Independent Administration on Application by Distributee
Section 405.010. Issuance of Letters