Do you fully understand the pros and cons of holding joint-tenancy title? |
January 13, 2008
Categorized in: Ask the Agents
Tagged with: legal
Over the holidays I was visiting my parents and my Mom & Dad asked me a couple of questions regarding their Will. One of the questions I had to ask them was "How did you take title to their home". Well neither of them knew. I told them that most married couples took title by 'joint tenency'. After describing to them what that meant they were unsure that this ought to be the way they wanted it to be. So here is an article that might help you determine what is best for you. http://www.homepages.com/article.aspx?ArticleID=3a04ab3a-0b7f-4c2c-a3a7-bfcf4f7a469a
I hope this helps!
Randy
