Sec. 453.007. DELIVERY OF COMMUNITY ESTATE ON FINAL PARTITION. On final partition of the community estate, the surviving spouse shall deliver to the deceased spouse's heirs or devisees their interest in the estate, and the increase in and profits of the interest, after deducting from the interest:
(1) the proportion of the community debts chargeable to the interest;
(2) unavoidable losses;
(3) necessary and reasonable expenses; and
(4) a reasonable commission for the management of the interest.
Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.
Structure Texas Statutes
Title 2 - Estates of Decedents; Durable Powers of Attorney
Subtitle J - Additional Matters Relating to the Administration of Certain Estates
Chapter 453 - Administration of Community Property
Section 453.001. Effect of Chapter
Section 453.002. Administration of Community Property Not Necessary
Section 453.003. General Powers of Surviving Spouse if No Administration Is Pending
Section 453.004. Collection of Unpaid Wages if No Administration Is Pending
Section 453.005. Remarriage of Surviving Spouse
Section 453.006. Account of Community Debts and Disposition of Community Property
Section 453.007. Delivery of Community Estate on Final Partition
Section 453.008. Liability of Surviving Spouse for Loss
Section 453.009. Distribution of Powers Between Personal Representative and Surviving Spouse