A trust or decedent's estate is allowed an income distribution deduction for distributions to beneficiaries. Do I have to fill out any form to IRS in my tax return this year, if I have transfer a property title to my son?The Bexar County Clerk's Office Recordings Division files, records, and maintains Real Property Records, Personal Property Records, Notice of Trustee Sales. After you create the trust you will transfer the home to the trust. Property trusts allow you to place your personal residence or any property you own into a trust to be given to a beneficiary. Use a Texas Gift Deed to give real estate to another person or an entity. Gifting real estate among spouses or family members is fairly common. The forms listed below are PDF files. They include graphics, fillable form fields, scripts and functionality that work best with the free Adobe Reader. Equitable conversion provides that a lender acquires equitable title when an unrecorded mortgage or deed of trust is executed.