In A Texas will, When Does “I Leave The Rest To You” Mean I Don’t Leave The Rest To You?
In a Texas will, the mother said this: “NOW BOBBY I leave the rest to you, everything,...
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Tag: Gifts
Gift Deeds In Texas
[mp_image id=”2429″ size=”full” link_type=”custom_url” link=”#” target=”false” caption=”false” align=”left”] What are the requirements for deeds...
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Can An Executor Sell Property To Himself
An executor or other fiduciary selling property to himself is a form of self-dealing which is prohibited unless specifically authorized by the instrument making him an executor.
Read MoreHOA Expenses after Death.
HOA or Home Owner’s Association fees are much more common today than they used to be in the past. Most condominiums have an HOA. Small subdivisions may also have home owner’s associations. These associations are set...
Read MoreDo you or your heirs own your body?
No, says the Texas Supreme Court in a recent decision, Evanston Ins. Co. v. Legacy of Life, 11-0519. In the Legacy case, an insurance company did not want to pay when their insured, a non-profit tissue harvesting organization,...
Read MoreDoes the phrase “is presently making payments to me” limit a gift of a mineral interest?
A testator’s will stated “I give all of my interest in the Crockett County, Texas, mineral interest that Occidental Permian Ltd. is presently making payments to me…” to my wife. After the testator died,...
Read MoreCan You Incorporate Another Document Into Your Will In Texas?
[mp_image id=”2444″ size=”full” link_type=”custom_url” link=”#” target=”false” caption=”false” align=”left”] Incorporate another document into...
Read MoreClass gifts versus specific gifts.
The difference between a class devise and a specific devise is the way the gift is treated if one of the beneficiaries dies before the testator. When a member of the class predeceases the testator, his share lapses in favor of...
Read MoreA gift deed has to be delivered to be valid.
To be effective, a deed has to be delivered. Just as the deed must be signed to be effective, it must also be delivered. This is true whether the deed is one of purchase or of gift. The essential elements of delivery are: 1. The...
Read MoreCan there be a parol (oral) gift of real estate?
[mp_image id=”2226″ size=”full” link_type=”custom_url” link=”#” target=”false” caption=”false” align=”left”] Gifts of Real Estate Normally, a...
Read MoreHow do you make a gift of CD’s?
Just because a CD is in the name of one person OR another person, does not mean that the owner intended to make a gift of the CD.
Read MoreWhen is a gift not a gift in a Texas will?
In a recent case, the second paragraph of a will gave a piece of land to the testator’s wife “to be hers absolutely forever.” The third paragraph of the will gave the land to the testator’s sons in the...
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