Posts Tagged ‘avoiding probate’
Law Requires Specific Wording on How Title is Held
Question: My husband and I are in an argument about how to hold title to real estate in order to avoid probate. My husband says that, if the deed to our home says “and/or,” the surviving spouse will automatically acquire title to the real estate without any probate. According to my husband, the reason that…
Read MoreParents Can Deed House to Son Upon Their Death
Question: We are senior citizens living in Surprise. Our only child is our son who lives in Ohio. In order to avoid probate, we have placed all of our assets, such as mutual funds, in P.O.D. (payable on death) accounts with our son. We own our home as joint tenants with right of survivorship,…
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