David Fowler Johnson, of Winstead PC, has made available for download his article, “Trust Issues In Divorce Proceedings – Presentation”, published in JDSUPRA. The abstract is as follows:
David F. Johnson presented “Trust Issues In Divorce Proceedings” on November 17, 2021. This presentation covered trust issues that arise in divorce disputes, such as spouses creating an irrevocable trust, fraud claims to void a trust, conflict of interest issues raised by the same attorney drafting both spouse’s estate/trust documents, characterization of trust assets and distributions as separate or community, settlor standing to complain about trust administration issues, trust construction issues, adoption-in and adoption-out issues, spouse/settlor liability for controlling a trust, capacity issues raised by spouses being involved as trustees and director/officer of a closely held business, spouses’ co-trustee management issues, the new Texas Trust Code provisions dealing with the effect of dissolution of marriage on certain transfers in trusts.
Posted by Isabella King, Associate Editor, Wealth Strategies Journal.