Section 1301.203 - Termination of Trust(a) Except as provided by Subsection (a-1), if the person for whom a management trust is created is a minor, the trust terminates on: (1) the earlier of: (A) the person's death; or(B) the person's 18th birthday; or(2) the date provided by court order, which may not be later than the person's 25th birthday.(a-1) If the person for whom a management trust is created is a minor and is also incapacitated for a reason other than being a minor, the trust terminates: (1) on the person's death; or(2) when the person regains capacity.(b) If the person for whom a management trust is created is not a minor, the trust terminates:(1) according to the terms of the trust;(2) on the date the court determines that continuing the trust is no longer in the person's best interests, subject to Section 1301.202(c); or(3) on the person's death.Amended by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. 521,Sec. 63, eff. 9/1/2021.Amended by Acts 2013, 83rd Leg. - Regular Session, ch. 161,Sec. 6.072, eff. 1/1/2014.Added by Acts 2011, 82nd Leg., R.S., Ch. 823, Sec. 1.02, eff. 1/1/2014.