Legal Question in Wills and Trusts in Texas
Setting up a land trust
I have 2 pieces of property in my name and would like to transfer them to a land trust for asset protection purposes. In Texas, what form do I use? - a general warranty deed, or is there a specific form for this?
Is there a form I can download off the internet?
Thanks a ton!
Asked on 5/18/06, 1:08 pm
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: Setting up a land trust
First you have to establish a trust. Then you transfer the property into the trust. While it's possible to prepare the trust documents yourself, that's a bit like do-it-yourself surgery; the only difference is the pain and the blood is deferred.
Answered on 5/18/06, 1:30 pm