Texas Supreme Court Affirms The Release In A Family Settlement Agreement That Protected A Former Trustee's Estate From Claims And Discusses the "Full Knowledge" Requirement For Enforcing Releases In Fiduciary Relationships

03.26.23

In Austin Trust Co. v. Houren, beneficiaries of a trust executed a family settlement agreement with the former trustee's estate. No. 21-0355, 2023 Tex. LEXIS 285 (Tex. March 23, 2023). After the settlement agreement was executed, one of the parties sued the former trustee's estate for over a $37 million alleged debt. The former trustee... Continue Reading

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