Posts Tagged ‘trust’
Terms of Trust Direct Ownership of Real Estate
Question: In a recent column you said that the deed to a home owned by a husband and wife must contain specific language for the surviving spouse to become the 100% owner of the home without probate. You said that the language that should be used on the deed is “community property with right…Read More
Unmarried 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
Pet Trusts – Is Your Pet Protected?
Arizona has two statutes that deal with trusts for animals: ARS §14-10408 and ARS §14-2907. In Arizona, a pet owner can provide for the care of their pet through a will. A will provision as simple as “I leave $5,000.00 for the care of my cat, Izzy” is enough to create a trust for the care of a…Read More