This form is an Executor's Deed where the Grantors are the executors of an estate and the Grantees are the beneficiaries of the estate. Grantors convey the described property to the Grantees. The Grantors warrants the title only as to events and acts while the property is held by the Executors. This deed complies with all state statutory laws.
Carrollton Texas Executor's Deed — Three Executors to Five Beneficiaries Pursuant to Terms of Will Introduction: A Carrollton Texas Executor's Deed is a legal document that transfers ownership of real estate property from the estate of a deceased person, known as the decedent, to the designated beneficiaries mentioned in the decedent's will. Specifically, the type mentioned in this description is an Executor's Deed involving three executors and five beneficiaries, in accordance with the terms specified in the decedent's will. Key Terms: 1. Carrollton, Texas: Refers to the specific geographical location where the Executor's Deed is being executed, namely Carrollton, a city in the state of Texas, United States. 2. Executor's Deed: A legal instrument used to transfer ownership and title of real estate from the estate of a deceased person, known as the decedent, to the beneficiaries stipulated in the decedent's will. 3. Three Executors: It signifies that there are three individuals appointed as executors of the deceased person's estate. Executors are responsible for administering the will and ensuring the assets, including real estate, are distributed according to the decedent's wishes as outlined in the will. 4. Five Beneficiaries: Pertains to the number of individuals named in the decedent's will to receive ownership of specific real estate property. These beneficiaries are entitled to their respective shares as dictated by the terms of the will. 5. Pursuant to Terms of Will: Indicates that the Executor's Deed is executed in accordance with the explicit instructions and provisions set forth within the decedent's will. This ensures that the transfer of property aligns with the decedent's final wishes. Types of Carrollton Texas Executor's Deed — Three Executors to Five Beneficiaries Pursuant to Terms of Will: Although there may not be specific different types of this Executor's Deed based on the number of executors and beneficiaries, it is worth noting that variations can exist in the terms and conditions outlined within the will. However, the main concept remains the same: the transfer of real estate ownership from the estate of the decedent to the specified beneficiaries, facilitated by the assigned executors. Conclusion: In summary, a Carrollton Texas Executor's Deed — Three Executors to Five Beneficiaries Pursuant to Terms of Will is a legal document that facilitates the transfer of real estate ownership in accordance with the decedent's will. The deed involves three executors appointed to administer the estate and ensures that five named beneficiaries receive their respective shares as stated in the decedent's will. It is crucial to consult with legal professionals to properly execute such deeds and adhere to relevant laws and regulations.
