(a) Instead of filing a closing report under Section 405.005, an independent executor may file a notice of closing estate verified by affidavit that states:
- (1) that all debts known to exist against the estate have been paid or have been paid to the extent permitted by the assets in the independent executor's possession;
- (2) that all remaining assets of the estate, if any, have been distributed; and
- (3) the names and addresses of the distributees to whom the property of the estate, if any, remaining on hand after payment of debts has been distributed.
- (b) Before filing the notice, the independent executor shall provide to each distributee of the estate a copy of the notice of closing estate. The notice of closing estate filed by the independent executor must include signed receipts or other proof that all distributees have received a copy of the notice of closing estate.
Added by Acts 2011, 82nd Leg., R.S., Ch. 1338 (S.B. 1198), Sec. 2.53, eff. January 1, 2014.