How To Revoke A Trust In Texas
[mp_image id=”2600″ size=”full” link_type=”custom_url” link=”#” target=”false” caption=”false” align=”left”] How can you revoke a trust in...
Read MoreTag: Trust
Deed to Trustee When There is No Trust
On occasion, an attorney contesting a will will run across a Deed to Trustee When There is No Trust. For instance a deed that is given “To John Smith, Trustee.” There are no documents showing that a trust ever existed. The question comes up about ownership of the property. Does the person listed as trustee own the property outright? Is it owned by someone else? How do you untangle the title to the property?
Read MoreCan a Fiduciary delegate his discretionary power to another?
A fiduciary owes the highest duty imposed in law to the person (beneficiary) over whose property he has control. A fiduciary might be appointed to administer a trust or handle an estate. The appointment will set out the rights...
Read MoreCan you create a trust with my money?
In 2005 the Texarkana Court of Appeals was asked that question. An elderly couple who became concerned about their future health and living care needs made two of their children signatories on their bank account. Over time, the...
Read More
Can a murderer inherit his victim’s property?
Legally, he can. Practically, he can’t. The Texas State Constitution has a provision that...
Read MoreCan Texas power of attorney create a trust using the principal’s money?
Definitions: The principal is the person who gives the power of attorney. The agent or attorney-in-fact is the person to whom the power is given e.g. the holder of the power of attorney. Discussion: Can a holder of a Texas...
Read More