Q: Texas can a husb sign over rights to the home he and his wife own to the wife and she name her children as beneficiaries
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A:
Presuming the house is a community asset, the husband can assign HIS share of the community property to whomever he wants. This will not impact the wife's share of community property. Same situation is valid for the wife.
So if the husband gifts his share to the wife, and the house is now 100% in the wife's possession, she can assign her rights to whomever she wants.
Before doing this, I would urge you to talk to an Estate planning attorney so you fully understand the consequences of these decisions. People who "self-plan" more often than not are not aware of all the consequences these choices might have in the future.
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