Common use of Community Property Without Right of Survivorship Clause in Contracts

Community Property Without Right of Survivorship. If you have designated your Account as a community property account without right of survivorship, the money in your Account is the community property of the named parties who are husband and wife. You will need to select the Multiple- Party Account Without Right of Survivorship designation on the Texas Uniform Single or Multiple-Party Account Selection Form according to Section 113.052 of the Texas Estates Code. The ownership of the community property account during the lifetime and after death of a spouse is determined by state law and may be affected by a will.

Appears in 7 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement

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Community Property Without Right of Survivorship. If you have designated your Account as a community property account without right of survivorship, the money in your Account is the community property of the named parties who are husband and wife. You will need to select the Multiple- Multiple-Party Account Without Right of Survivorship designation on the Texas Uniform Single or Multiple-Party Account Selection Form according to Section 113.052 of the Texas Estates Code. The ownership of the community property account during the lifetime and after death of a spouse is determined by state law and may be affected by a will.

Appears in 6 contracts

Samples: www.r.bank, www.r.bank, www.r.bank

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Community Property Without Right of Survivorship. If you have designated your Account as a community property account without right of survivorship, the money in your Account is the community property of the named parties who are husband and wife. You will need to select the Multiple- Multiple-Party Account Without Right of Survivorship designation designated on the Texas Uniform Single or Multiple-Party Account Selection Form according to Section 113.052 439A of the Texas Estates Probate Code. The ownership of the community property account during the lifetime and after death of a spouse is determined by state law and may be affected by a will.

Appears in 1 contract

Samples: Account Agreement

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