Texas § ES.1162.053 - ORDER AUTHORIZING GIFT
Full text of Texas The Texas Constitution § ES.1162.053 — ORDER AUTHORIZING GIFT, with citation guidance and answers to common questions.
§ ES.1162.053. ORDER AUTHORIZING GIFT
ORDER AUTHORIZING GIFT. On the conclusion of a hearing under Section 1162.052 , the court may enter an order authorizing the guardian to make a contribution from the income of the ward's estate to a particular donee designated in the application and order if the court is satisfied and finds from the evidence that: (1) the amount of the proposed contribution stated in the application will probably not exceed 20 percent of the net income of the ward's estate for the current calendar year; (2) the net income of the ward's estate for the current calendar year exceeds, or probably will exceed, $25,000; (3) the full amount of the contribution, if made, will probably be deductible from the ward's gross income in determining the net income of the ward under applicable federal income tax laws and rules; (4) the condition of the ward's estate justifies a contribution in the proposed amount; and (5) the proposed contribution is reasonable in amount and is for a worthy cause. Added by Acts 2011, 82nd Leg., R.S., Ch. 823 (H.B. 2759 ), Sec. 1.02, eff. January 1, 2014.
Frequently Asked Questions About Texas § ES.1162.053
What does The Texas Constitution § ES.1162.053 cover?
Section ES.1162.053 ("ORDER AUTHORIZING GIFT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § ES.1162.053?
A common citation format is "The Texas Constitution § ES.1162.053" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § ES.1162.053 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.