Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 123.053 - Effect of Revocation(a) An interest granted in a provision of a trust instrument that is revoked under Section 123.052(a)(1) or (2) passes as if the former spouse of the divorced individual who executed the trust instrument and each relative of the former spouse who is not a relative of the divorced individual disclaimed the interest granted in the provision.(b) An interest granted in a provision of a trust instrument that is revoked under Section 123.052(a)(3) passes as if the former spouse and each relative of the former spouse who is not a relative of the divorced individual died immediately before the dissolution of the marriage.Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1338, Sec. 2.15, eff. 1/1/2014.