Posts Tagged ‘joint tenants with right of survivorship’
Parents 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,…
Read MoreSurvivorship Ensures Full Ownership
Question: My brother and I purchased a four-unit apartment building in Gilbert four years ago after we graduated from college. We took title to this building as joint tenants with right of survivorship. A year later, my brother married his girlfriend and they have a baby girl. My brother died last month in a…
Read MoreUnmarried Couple Share Ownership
Question: We are two single men in a committed relationship who want to buy a home. If one of us dies, we want the other one to own the home. In other words, we do not want either of our families to have any interest in the home until both of us die, and then…
Read More