If you ask taxpayers how their assets are titled, many will simply say "joint ownership." Under the law, however, there is no such thing as simple "joint ownership" - assets may be held jointly in one ...
Tenancy in severalty refers to sole ownership of property. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our ...
A deed of trust is similar to a mortgage for real estate purchases. In some states, a trust deed unites the borrower, a lender and a trustee. The buyer/borrower gets the use of the property, and the ...
Can a California will sever a joint tenancy such that the decedent’s interest in real property passes per will’s terms instead of vesting in the surviving joint tenant(s)? Additionally, when a general ...
Owning property with a spouse in Pennsylvania comes with specific legal benefits, especially under tenancy by the entirety. This form of ownership is available only to married couples and offers ...
Joint tenancy has always been a complex estate planning tool, particularly when only one person contributes financially to a jointly held asset. However, the complexity has increased since 2007, the ...
Holding property jointly has become a popular estate and incapacity planning technique, perhaps because it’s simple and inexpensive. Many of you might encourage clients to hold assets jointly to save ...
Tenancy-at-will in Florida refers to a rental agreement where there is no formal lease, and the tenant occupies the property with the landlord’s consent. In such arrangements, either party can ...
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