Untitled Texas Attorney General Opinion ( 1959 )


Menu:
  •            THEAYX-ORNEY               GENERAL
    OFTEXAS
    AUSTINS~.TEXAR
    September 25, 1959
    Hon. E. E. Coons           Opinion No. WW-709
    County Attorney
    Sherman County             Re:    Proper disposition of
    Stratford, Texas                  unclaimed real estate
    within six months after
    the settlement of the
    final account of an
    Dear Mr. Coons:                   administrator.
    We quote the following excerpt from your letter
    requesting that we advise you on the above captioned matter:
    "Administration on the Estate of R. F. Frei,
    Deceased, has been pending in the County Court of
    Sherman County. Texas, since April 9, 1956. Mr.
    Frei died intestate and we have been unable to
    locate any~heirs. His estate consisted of 800
    acres of land in Sherman County on 640 of which
    minerals had been reserved on one-half, and cer-
    tain personal property. The debts have been paid
    and the Federal Estate Tax has been paid and the
    estate is nearly ready to close. W. T. Crabtree
    whose address is Texhoma, Texas, is administrator
    of the estate and is about ready to file his final
    account."
    You state that there are no known heirs and that in
    all probability there will.be no one to claim the land or
    money remaining on hand. You are not concerned about the
    disposition of any money which may remain or with the admin-
    istrator's authority to dispose of personal property, under
    proper court order, being of the opinion that Section 427 of
    the Probate Code is applicable. We are in accord with this
    conclusion. However, you request that we advise you as to
    whether under said section the administrator under proper
    court order would be authorized to sell the real property~and
    dispose of the proceeds in accordance with the applicable
    sections of Chapter X of the Probate Code.
    Section 427 of the Probate Code reads as follows:
    "If any person entitled to a portion of an
    estate, except a resident minor without a guard-
    ian, shall not demand his portion from the
    Hon. E. E. Coons, Page 2                     (Opinion No. WW-709)
    executor or administrator within six months
    after an order of court approving the report of
    commissioners of partition, or within six months
    after the settlement of the final account of an
    executor or administrator, as the case may be,
    the court by written order shall require the ex-
    ecutor or administrator to pay so much of said
    uortion as is in monev to the State Treasurer:
    and such nortion as is in other property he shall
    order the executor or administrator to---
    sell on
    such terms as the court thinks best, and, when
    the proceeds of such sale are collected, the
    court shall order the same to be paid to the
    State Treasurer, in all such cases allowing the
    executor or administrator reasonable compensation
    for his services." (Emphasis supplied.)
    We think that the portion of Section 427 pertaining
    to court orders requiring an administrator to sell on such
    terms as the court thinks best "other property" comprises all
    kinds of property, real as well as personal; and that when
    such sale has been duly~ordered in the instant case, the
    administrator will then properly proceed, pursuant to further
    court order, to oav the oroceeds of the sale to the State
    Treasurer who will-deposit such proceeds in his Settlement of
    Estates Fund. See -on     v. Lockhart, 
    131 Tex. 175
    , 
    114 S.W. 2d
    216 (1938) and Att'y. Gen. Op. o-3033.
    SUMMARY
    Pursuant to proper court orders within
    six months after the settlement of his final
    account, an administrator should sell un-
    claimed real property and transmit the pro-
    ceeds of such sale to the State Treasurer.
    Sees. 427, 430, Probate Code, V.A.C.S.
    Very truly yours,
    WILL WILSON
    APPROVED:
    OPINION COMMITTEE:
    Geo. P. Blackburn, Chairman
    Wm. T. Blackburn
    Marvin R. Sentell
    Wm. D. Armstrong                  MMP: bet
    REVIEWED FOR THE ATTORNEY GENERAL:
    By: W. V. Geppert
    

Document Info

Docket Number: WW-709

Judges: Will Wilson

Filed Date: 7/2/1959

Precedential Status: Precedential

Modified Date: 2/18/2017