pjc-family-2024-lib

PJC 235.12

E XPRESS T RUSTS

Rewording for other types of transactions. The phrase purchased the trust property should be replaced with language reflecting the specific type of transaction in issue. See Tex. Prop. Code §§ 113.052–.055, which prohibit certain self-dealing trans actions. However, these prohibitions may be modified or eliminated by the trust docu ment. Tex. Prop. Code § 111.0035.

284

Made with FlippingBook - Online Brochure Maker