Texas HB5137 allows motor vehicle owners to designate beneficiaries to inherit the vehicle upon their death.
HB5137 amends Texas law to allow the owner of a motor vehicle to designate one or more beneficiaries to inherit the vehicle upon the owner's death. The designation must specify that the transfer occurs at the owner's death. The designated beneficiaries' names must be included on the vehicle title. The transfer does not affect creditors or public assistance eligibility. If the owner is a joint owner with right of survivorship and is survived by other joint owners, the vehicle belongs to the surviving joint owners.
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