When the Trust Named in Your Will No Longer Exists: The Lapsed Residuary Clause Problem in Texas Probate

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A will is a snapshot. It captures what someone wanted on the day they signed it. Life keeps moving after that. People die, marriages end, children are born, and the trusts and companies named in the document quietly wind down on their own schedules. The will does not update itself. Most people know what happens […]
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