VALUATION OF PROPERTY.
Tex. ESTATES Code § 255.102.
in effectProperty given in partial satisfaction of a devise shall be valued as of the earlier of:
(1) the date the devisee acquires possession of or enjoys the property; or
(2) the date of the testator's death.
Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502 ), Sec. 1, eff. January 1, 2014.
SUBCHAPTER D. FAILURE OF DEVISE; DISPOSITION OF PROPERTY TO DEVISEE WHO PREDECEASES TESTATOR
