Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 112.080 - Later Discovered Assets To the extent the authorized trustee does not provide otherwise:
(1) the distribution of all of the principal of a first trust to a second trust includes subsequently discovered assets otherwise belonging to the first trust and principal paid to or acquired by the first trust after the distribution of the first trust's principal to the second trust; and(2) the distribution of part of the principal of a first trust to a second trust does not include subsequently discovered assets belonging to the first trust or principal paid to or acquired by the first trust after the distribution of principal from the first trust to the second trust, and those assets or that principal remain the assets or principal of the first trust.Tex. Prop. Code § 112.080
Added by Acts 2013, 83rd Leg. - Regular Session, ch. 699,Sec. 3, eff. 9/1/2013.