112.081 – OTHER AUTHORITY TO DISTRIBUTE IN FURTHER TRUST
Texas Property Code § 112.081
Summary
This law clarifies that trustees have the authority to distribute trust property into further trusts as permitted by the trust's governing document, other laws, or court orders. It ensures that trustees can act without limitation regarding such distributions.
Trustees can create further trusts under existing legal frameworks.
Distributions must align with the governing instrument or court orders.
The law does not impose restrictions on trustees' distribution powers.
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In simple terms: Learn about Texas's OTHER AUTHORITY TO DISTRIBUTE IN FURTHER TRUST law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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