Why You Should Do A Trust in Texas.
A Living Trust is a legal guide to your property. It allows you to bifurcate legal interest in management and administration from beneficial interest. While this is a popular estate planning technique, it is losing favor in Texas because of new laws. For example, a common reason to do a trust was to avoid probate with real property. As of September 1st,2015, Texas allows you to transfer real estate with a transfer on death deed.