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Texas Supreme Court Holds That Parties May Not Be Entitled To Jury Trials For Trust Modification Proceedings And Remands For Constitutional Review | Winstead PC

June 22, 2022

In In re Poe Trust, there were three co-trustees of a trust, and the trust required them to act jointly. No. 20-0179, 2022 Tex. LEXIS 548 (Tex. June 17, 2022).

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Source: jdsupra.com

Texas Supreme Court Rejects Jury Trial Option for Estate Dispute

June 21, 2022

In re Poe Trust, three trust co-trustees were required to act jointly. One trustee, Dick, effectively acted as a sole trustee during his life. After Dick died, his executors could not agree and one filed trust modification requests. His jury trial demand was denied.

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Source: natlawreview.com

Texas Legislature Extends The Rule Against Perpetuities To 300 Years For Trusts | Winstead PC

June 1, 2021

The Texas Legislatures recently passed a bill that takes effect on September 1, 2021 that extends the rule against perpetuities to 300 years for trusts. The Legislature forwarded the...

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Source: jdsupra.com

Texas Extends Rule Against Perpetuities To 300 Years For Trusts

May 28, 2021

Texas Legislatures passed a bill extending the rule against perpetuities to 300 years for trusts. This change will have a drastic effect on the operation and termination of trusts in Texas as it changes Texas’s historical treatment of trusts and the rule against perpetuities.