Now showing items 1-3 of 3
Decanting More Than Just Wine: Revocability in Irrevocable Texas Trusts
(Texas Tech Estate Planning & Community Property Journal, 2014)
Addresses the history and defines the meaning of decanting a trust as well as Texas's new decanting statute. Background information is presented as to what an irrevocable trust is, how to create one, and what flexibility, ...
Decanting Trusts: Irrevocable, Not Unchangeable
(Texas Tech Estate Planning & Community Property Journal, 2013)
Attempts to demystify the issues by looking at decanting and trust modifications from statutory, common law, and trust agreement standpoints. Decanting is simply a form of trust modification initiated by a trustee. In the ...
To Affirmatively Disclose or to Passively Disclose, That is the Texas Trustee’s Question: What Duty of Disclosure Does a Texas Trustee Owe to a Beneficiary?
(Estate Planning & Community Property Law Journal, 2008)
As a general matter, the crux of a trustee's duties lies in the effective administration of the trust for the benefit of the beneficiary. A key component in accomplishing this duty is disclosing pertinent information to ...