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He also serves as editor-in-chief of the REPTL Reporter, the official journal of the Real Estate, Probate and Trust Law Section of the State Bar of Texas. [11] Beyer was treasurer of the Lubbock County Bar Association from 2009 to 2010 and served on the Real Estate, Probate, and Trust Law Council of the State Bar of Texas from 2009 to 2013.
Transactions involving deeds of trust are normally structured, at least in theory, so that the lender/beneficiary gives the borrower/trustor the money to buy the property; the borrower/trustor tenders the money to the seller; the seller executes a grant deed giving the property to the borrower/trustor; and the borrower/trustor immediately executes a deed of trust giving the property to the ...
Consider talking to your financial advisor about whether a trust is something you might need as part of your estate plan, or how to handle an inheritance if you're the beneficiary of a trust ...
Many trusts allow for additional deposits (cash, securities, real estate, etc.) at the direction of the settlor or others, provided the trustee is willing to accept those assets. It can even be funded after death by a "pour-over" provision in the grantor's last will, specifying his or her intent to transfer property from the estate to a trust.
If you've just inherited a windfall from a deceased relative's trust, you're likely wondering, "How does a beneficiary get money from a trust?" When your deceased relative created the trust, they ...
The increased use of trusts in estate planning during the latter half of the 20th century highlighted inconsistencies in how trust law was governed across the United States. In 1993, recognizing the need for a more uniform approach, the Uniform Law Commission (ULC) appointed a study committee chaired by Justice Maurice Hartnett of the Delaware ...