Category Archives: By Individual

Inflexible Joint-Tenancy Ownership Can Create Estate Planning Issues.

I talk with many people that believe that simply having all of their assets owned as joint tenants with the right of survivorship (JTWROS) is an adequate estate plan to avoid probate. Most of the time, the person wants to … Continue reading

Posted in Asset Ownership, By Individual, Joint Tenancy, Probate, Probate Assets, Tenancy by the Entirety | 2 Comments

How Do People Own Property or Assets? – Part I – Ownership by One Individual

Estate planning encompasses a wide range of topics from familial relationships to complex tax planning, understanding how property is owned and transferred upon death is vital to any estate plan. For a single person, how property is owned is very … Continue reading

Posted in Asset Ownership, By Individual, Estate Planning, Probate, Probate Assets, Wills | 4 Comments