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Joint Tenancy is Trumped by a Living Revocable Trust

While most knowledgeable attorneys would say that a living trust is superior overall to owning property in joint tenancy, a joint tenancy with right of survivorship is the poor man’s trust. While American’s love their idioms, do you really want … Continue reading →

JOINT TENANCY OR TRANSFER ON DEATH DEED

Are you or any of your family members owners as joint tenants with right of survivorship? It’s a convenient deed. Avoiding probate for the survivor. But it can definitely cause some problems down the road. The story (which is fictional … Continue reading →

JOINT OWNERSHIP OR A LIVING TRUST. EACH AVOIDS PROBATE. WHICH IS BETTER?

Joint Ownership is not as useful as a Living Trust. In fact it can be dangerous to your financial security and to the inheritance you may hope to leave. Joint ownership becomes especially dangerous when there is a second marriage, … Continue reading →