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How Should Your Kids Hold Real Property Upon Your Death?
Bankruptcy Lawyer So you’ve made the decision to do your estate planning. Great! One of the most important decisions you’ll make is how to pass on your home and other real property. In addition to determining how you will pass your home (by will, beneficiary deed, or trust), you will need to determine how your children will jointly own the home. There are two options to choose from, which will be designated in your will, beneficiary deed, or trust: (1) Tenants in Common or (2) Joint Tenancy with Rights of Survivorship. Let’s discuss these two options. Tenants in Common Tenants… Read More