Preserving the Homestead Exemption with Living Trusts Revocable Living Trusts are a popular estate planning structure in Texas, but when it comes to homestead property, owners should be aware that the trust’s language can mean the difference between preserving or forfeiting a homestead’s property tax benefits. Maintaining Homestead Tax Exemptions through a Qualifying Trust A […]
Month: August 2020
A Tenant’s Right to Terminate a Lease After Rohrmoos
For over 150 years, a tenant’s covenant to pay rent and a landlord’s covenant to repair were completely independent, and the breach of one did not excuse the performance of the other. This rule was articulated in Edwards v. Ward Associates, Inc., 367 S.W.2d 390 (Tex. Civ. App. – Dallas 1963, writ ref’d n.r.e.), and […]