What is a deed of distribution?

A deed of distribution is a legal document in Texas property law that is used to transfer assets to a deceased person’s heir or heirs. This document is also referred to as a deed of conveyance or a deed of conveyance and distribution. It ties in with the probate process, which is the process by which a deceased person’s estate is settled. The deed is prepared by the executor of the estate and is then signed by all interested parties. The deed of distribution is then filed with the court and recorded with the county clerk. The deed of distribution lists all of the assets of the deceased, including real property, bank accounts, stocks, and bonds. The deed also specifies to which heirs the assets will be distributed. It is important to note that the executor does not have the authority to unilaterally distribute the assets of the deceased without the approval of the court. Once the deed of distribution is filed, it is sent to all interested parties involved in the probate process. This includes the heirs, creditors, and any other interested parties. Once the deed has been signed and recorded, the assets of the estate are distributed appropriately according to the terms of the deed. At this point, the probate process is complete and the estate is considered to be settled.

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