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What is a Texas Section 142 Trust?

Posted by Chris Peterson | Jun 12, 2012 | 0 Comments

What is a Texas Section 142 Trust?

Section 142 Trusts are trusts which are authorized by Section 142 of the Texas Property Code. Section 142 Trusts can be created by a court when there is a lawsuit involving a minor who has no legal guardian or an incapacitated person who is represented by a next friend or an appointed guardian ad litem.

If you need a Bryan/College Station Texas wills, trusts & estate planning lawyer, please contact us at 979-703-7014.  Our experienced attorneys are here to help with you Trust needs.

About the Author

Chris Peterson

Chris Peterson is the owner of Peterson Law Group. He practices primarily in the areas of wills, trusts and estate planning; probate and trust administration; elder law; and business law. Chris is also the owner of Brazos 1031 Exchange Company.


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