This form is a Mineral Deed where the Grantor is an Individual and the Grantee is a Trust. Grantor conveys and grants the described mineral rights and royalties to the Grantee. This deed complies with all state statutory laws.
Keywords: Collin Texas, oil, gas, mineral deed, Individual to Trust Description: A Collin Texas Oil, Gas, and Mineral Deed — Individual to Trust is a legal document that transfers ownership of oil, gas, and mineral rights from an individual to a trust in Collin County, Texas. This type of deed is commonly used when an individual wants to transfer their interests in oil, gas, and mineral rights to a trust for legal, estate planning, or tax purposes. There are several types of Collin Texas Oil, Gas, and Mineral Deeds — Individual to Trust, each serving specific purposes: 1. Irrevocable Trust Oil, Gas, and Mineral Deed: This type of deed transfers the ownership of oil, gas, and mineral rights from an individual to an irrevocable trust. Once the transfer is made, it cannot be reversed or modified without the consent of all parties involved in the trust. 2. Revocable Trust Oil, Gas, and Mineral Deed: Unlike an irrevocable trust deed, a revocable trust oil, gas, and mineral deed allows for changes, modifications, or revocation of the trust at any time during the granter's lifetime. This type of deed provides flexibility and control over the transferred rights. 3. Testamentary Trust Oil, Gas, and Mineral Deed: This deed is executed through a last will and testament and transfers ownership of oil, gas, and mineral rights from an individual to a trust upon their death. It ensures a seamless transfer of these rights to the beneficiaries designated in the trust. 4. Living Trust Oil, Gas, and Mineral Deed: In this type of deed, ownership of oil, gas, and mineral rights is transferred to a trust while the granter is still alive. This allows the granter to maintain control and use of the rights during their lifetime, and upon death, the trust takes over. Collin Texas Oil, Gas, and Mineral Deeds — Individual to Trust serve as essential legal tools for individuals in Collin County who want to protect, manage, or pass down their oil, gas, and mineral rights. These deeds facilitate the seamless transfer of ownership, ensuring that the rights are protected and preserved for future generations.Keywords: Collin Texas, oil, gas, mineral deed, Individual to Trust Description: A Collin Texas Oil, Gas, and Mineral Deed — Individual to Trust is a legal document that transfers ownership of oil, gas, and mineral rights from an individual to a trust in Collin County, Texas. This type of deed is commonly used when an individual wants to transfer their interests in oil, gas, and mineral rights to a trust for legal, estate planning, or tax purposes. There are several types of Collin Texas Oil, Gas, and Mineral Deeds — Individual to Trust, each serving specific purposes: 1. Irrevocable Trust Oil, Gas, and Mineral Deed: This type of deed transfers the ownership of oil, gas, and mineral rights from an individual to an irrevocable trust. Once the transfer is made, it cannot be reversed or modified without the consent of all parties involved in the trust. 2. Revocable Trust Oil, Gas, and Mineral Deed: Unlike an irrevocable trust deed, a revocable trust oil, gas, and mineral deed allows for changes, modifications, or revocation of the trust at any time during the granter's lifetime. This type of deed provides flexibility and control over the transferred rights. 3. Testamentary Trust Oil, Gas, and Mineral Deed: This deed is executed through a last will and testament and transfers ownership of oil, gas, and mineral rights from an individual to a trust upon their death. It ensures a seamless transfer of these rights to the beneficiaries designated in the trust. 4. Living Trust Oil, Gas, and Mineral Deed: In this type of deed, ownership of oil, gas, and mineral rights is transferred to a trust while the granter is still alive. This allows the granter to maintain control and use of the rights during their lifetime, and upon death, the trust takes over. Collin Texas Oil, Gas, and Mineral Deeds — Individual to Trust serve as essential legal tools for individuals in Collin County who want to protect, manage, or pass down their oil, gas, and mineral rights. These deeds facilitate the seamless transfer of ownership, ensuring that the rights are protected and preserved for future generations.
