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Texas Supreme Court Holds That A Settlor And Third Party Did Not Have To Fund Stock Into A Trust Where It Was Contingent On The Third Party’s Consent

By David Fowler Johnson on March 25, 2026
Posted in Cases Decided, Texas Supreme Court

In Inwood Nat’l Bank v. Fagin, Christy Fagin, owner of over two million shares of Inwood Bancshares, Inc., which was her separate property, entered into a trust with her husband Kyle as the beneficiary. 706 S.W.3d 342 (Tex. 2025). The trust agreement stated Christy “intends to transfer” her shares…

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