Living Trusts in Texas
Introduction
A living trust (also called an "intervivos trust") is a specific kind of land trust designed to hold property (primarily real estate) during the life of the trustor in order to avoid probate and reduce estate/inheritance taxes at the time of the trustor's death. It is to be distinguished from other types of land trusts - for example, a pure anonymity trust that has no probate objectives, or an investor trust that contemplates a transfer of ownership by means of an assignment of
