This form is a Warranty Deed where the grantors are husband and wife and the grantee is a trust. Grantors convey and warrant the described property to trustee of trust less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
A Collin Texas Warranty Deed from Husband and Wife to a Trust is a legal document that transfers ownership of a property in Collin County, Texas, from a married couple (the Granters) to a trust (the Grantee). This type of deed provides a guarantee or warranty to the grantee that the granters have full ownership of the property and the right to transfer it. Keywords: Collin Texas Warranty Deed, Husband and Wife, Trust, property ownership, legal document, Collin County, Texas, guarantee, warranty, grantee, granters, transfer. There are several subcategories or variations of the Collin Texas Warranty Deed from Husband and Wife to a Trust: 1. Joint Trust Warranty Deed: This type of deed is used when the husband and wife jointly establish a trust and wish to transfer property ownership into it. It ensures that both spouses' interests are protected. 2. Revocable Living Trust Warranty Deed: This deed is used when a husband and wife establish a revocable living trust to manage their assets during their lifetime and transfer the property ownership to it. The trust can be modified or revoked by the granters at any time. 3. Irrevocable Trust Warranty Deed: In certain cases, a husband and wife may decide to create an irrevocable trust to transfer their property while relinquishing their right to modify or terminate the trust. An irrevocable trust warranty deed ensures the property is transferred to the trust permanently. 4. Testamentary Trust Warranty Deed: This deed is utilized when a husband and wife set up a trust that will only go into effect upon their death. The property is transferred to the trust through a testamentary trust warranty deed upon the couple's passing. By executing a Collin Texas Warranty Deed from Husband and Wife to a Trust, the granters provide a legal assurance to the trustee (the person responsible for managing the trust) that they hold a clear title to the property and have the authority to convey it. The deed includes pertinent details about the property, such as its legal description, the names of the granters and the trustee, as well as any restrictions or conditions attached to the transfer. These conveyance documents are crucial for estate planning and asset protection, allowing the husband and wife to transfer ownership of their property to a trust while ensuring a smooth transition and protection of their interests. Keywords: Joint Trust Warranty Deed, Revocable Living Trust Warranty Deed, Irrevocable Trust Warranty Deed, Testamentary Trust Warranty Deed, estate planning, asset protection, property transfer, legal assurance, clear title, deed restrictions, conditions, Collin County, Texas.
