Fill and Sign the Tx Deed Form

© 2016 - U.S. Legal Forms, Inc.       TEXAS DISTRIBUTION DEED [Joint Independent Executors to an Individual Beneficiary] Control Number: TX-025-78 I. TIPS ON COMPLETING THE FORMS The form(s) in this packet may contain “form fields” created using Microsoft Word or Adobe Acrobat (“.pdf” format). “Form fields” facilitate completion of the forms using your computer. They do not limit your ability to print the form “in blank” and complete with a typewriter or by hand. It is also helpful to be able to see the location of the form fields. Go to the View menu, click on Toolbars, and then select Forms. This will open the Forms toolbar. Look for the button on the Forms toolbar that resembles a shaded letter “a”. Click this button and the form fields will be visible. By clicking on the appropriate form field, you will be able to enter the needed information. In some instances, the form field and the line will disappear after information is entered. In other cases, it will not. The form was created to function in this manner. II. DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Texas. All information and Forms are subject to this Disclaimer: All forms in this package are provided without any warranty, express or implied, as to their legal effect and completeness. Please use at your own risk. If you have a serious legal problem, we suggest that you consult an attorney in your state. U.S. Legal Forms, Inc. does not provide legal advice. The products offered by U.S. Legal Forms (USLF) are not a substitute for the advice of an attorney. THESE MATERIALS ARE PROVIDED “AS IS” WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL U.S. LEGAL FORMS, INC. OR ITS AGENTS OR OFFICERS BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OR PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE MATERIALS, EVEN IF U.S. LEGAL FORMS, INC. HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. DISTRIBUTION DEED [Joint Independent Executors to an Individual Beneficiary] THE STATE OF TEXAS § § KNOW ALL MEN BY THESE PRESENTS: COUNTY OF       §       , deceased (the “Decedent”) died testate on       ,       , in       , Texas. Decedent is the same person sometimes also known as       . The Decedent left a valid written Last Will and Testament (the “Will”) dated       , which Will has heretofore been duly admitted to probate in Cause No.       , Probate Court No.       , of       County, Texas, styled “The Estate of       , deceased” (the “Estate”). At the time of his death, the Decedent owned an interest in and to certain tracts or parcels of real property situated in       County, Texas, which real property is described as follows:             and       have been duly appointed by the Probate Court as Joint Independent Executors of the Decedent’s Estate, in which capacity the Independent Executors now continue to act and serve. Under the express terms and conditions of Article       of Part       of the Decedent’s Will, the Decedent left, devised, and bequeathed all of his rights, title, and interest in and to the property to the Grantee named below. Pursuant to Decedent’s Will and as a matter of law, legal title of the Decedent in and to all of the property devised or bequeathed to the Grantee by the Decedent’s Will did vest immediately in the Grantee, a distribute under the Decedent’s Will and of the Decedent’s Estate, subject, however, to the payment of the valid debts, taxes, expenses, and claims of the Decedent and of Decedent’s Estate (except as such property may otherwise be exempted by law), and also further subject to the possessory and administrative right of the Joint Independent Executors to hold and retain possession of all the Decedent’s probate estate during the pendency of the administration of the Decedent’s Estate. Distribution Deed - 1 - All of the debts, taxes, expenses and claims of the Decedent and/or the Decedent’s Estate have now either been paid or otherwise adequately provided for by the Joint Independent Executors. The Joint Independent Executors now wish to conclude the final and formal transfer and distribution in kind to the Grantee of all the rights, title, and interest of the Decedent and/or of the Decedent’s Estate in and to the Property, and to formally evidence the release and discharge by the Joint Independent Executors of their right of possession and/or of administration to the Property, which the Joint Independent Executors may have or may have had or be or have been granted either under the express terms of the Decedent’s Will, under the Texas Probate Code, as amended, or otherwise as provided by law; NOW, THEREFORE, in consideration of the sum of TEN AND 00/100 DOLLARS, ($10.00) and other good and valuable consideration paid by the Grantee herein named, the receipt of which is hereby acknowledged,       and       , acting jointly in their capacity as Independent Executors of the Estate of       , deceased, has GRANTED, SOLD, TRANSFERRED, RELEASED, and CONVEYED, and by these presents do hereby GRANT, SELL, TRANSFER, RELEASE, and CONVEY unto       (“Grantee”) and Grantee’s successors and assigns forever, all of the rights, title, and interest of the Decedent and of the Decedent’s Estate in and to all of the Property described. This conveyance is expressly made by the Joint Independent Executors and accepted by the Grantee (i) without express or implied warranty, and all warranties that might arise by common law and the warranties in Section 5.023 of the Texas Property Code (or its successors)are excluded, and (ii) subject to any and all instruments and conditions of public record in       County, Texas, to the extent the same are currently of force and effect. TO HAVE AND HOLD the above-described real property, together with all and singular the rights and appurtenances thereto in anywise belonging, unto the Grantee and to the Grantee’s successors and assigns forever. EXECUTED this       day of       , 20       . [print or type name] , Joint Independent Executor of the Estate of       , deceased. [print or type name] , Joint Independent Executor of the Estate of       , deceased. Distribution Deed - 2 - STATE OF ______________________ , COUNTY OF ______________________ This instrument was acknowledged before me on ______________________ (date) by ______________________________________ (name or names of person or persons acknowledging). ______________________________ Notary Public Printed Name: ______________________ My Commission Expires: ______________________ STATE OF ______________________ , COUNTY OF ______________________ This instrument was acknowledged before me on ______________________ (date) by ______________________________________ (name or names of person or persons acknowledging). ______________________________ Notary Public Printed Name: ______________________ My Commission Expires: ______________________ AFTER RECORDING, RETURN TO:                   Distribution Deed - 3 -