Court Affirms Holding That A Trust Owns Stock That Was Issued To The Trustee In His Individual Capacity

04.25.16

In Dutcher v. Dutcher-Phipps Crane & Rigging, Inc., a trust owned twenty percent of a family limited partnership that in turn owned a family business. No. 08-15-00202-CV, 2016 Tex. App. LEXIS 3809 (Tex. App.—El Paso 2016, no pet. history). The family business was converted from a C Corp to an S Corp. Because a partnership… Continue Reading

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