Sec. 1161.053. APPLICABILITY OF PROCEDURE TO CERTAIN ASSETS. The fact that an account or other asset is the subject of a specific or general gift under a ward's will, if any, or that a ward has funds, securities, or other property held with a right of survivorship does not prevent: (1) the guardian of the estate from taking possession and control of the asset or closing the account; or (2) the court from authorizing an action or modifying or eliminating a duty with respect to the possession, control, or investment of the account or other asset.
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