{"id":10901,"date":"2020-04-23T11:40:03","date_gmt":"2020-04-23T11:40:03","guid":{"rendered":"https:\/\/probatestars.com\/?p=10901"},"modified":"2020-04-23T11:40:03","modified_gmt":"2020-04-23T11:40:03","slug":"are-bank-accounts-personal-property-in-texas","status":"publish","type":"post","link":"https:\/\/probatestars.com\/are-bank-accounts-personal-property-in-texas\/","title":{"rendered":"Are Bank Accounts Personal Property In Texas?"},"content":{"rendered":"

Bank accounts are considered personal property under Texas law.\u00a0 The February 6, 2020 Texas Appeals Court, in In Re Estate of Hunt v. Vargas<\/a>, dealt with the question of whether bank accounts are personal property under the terms of the decedent\u2019s will and Texas law.\u00a0 This case involved the plain reading of the Texas Estates Code, and interpreting the language of Decedent’s will.<\/p>\n

The Facts of the Case<\/h2>\n

Debra E. Hunt left a will giving a large share of her personal property to her life partner, Arabia Vargas.\u00a0 The will stated:<\/p>\n

Section 1. I hereby make the following specific bequests:<\/p>\n

    \n
  1. I give all of my family photos, furnishings and mementos inherited from our grandparents or our parents to\u00a0Tracy Eileen\u00a0Mitchell;<\/li>\n
  2. I give all of my remaining household and personal property to Arabia Vargas.<\/li>\n<\/ol>\n
    <\/h6>\n

    Section 2. I hereby give all of the remainder of the property, wherever located, which I may own at the time of my death as follows[:]<\/p>\n

    Fifty percent (50%) to\u00a0Tracy Eileen\u00a0Mitchell and her issue, per stirpes and not\u00a0per capita; and Fifty percent (50%) to Lina Schmidt Hollis and Andrea Wendy Vasquez, and each of their issue, per stirpes and not per capita.<\/p>\n

    Hunt\u2019s estate included:<\/p>\n