Tag Archives: property

Severing Joint Ownership of Property: What You Need to Know

One of the most common forms of property ownership in the United States is joint tenancy with rights of survivorship (JTWROS or joint tenancy).

But what is joint tenancy? Joint tenancy is a legal right to property that provides the owner an undivided right to the enjoyment of the property. In other words, one joint tenant...
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What Kind of Assets Should I Include in My Living Trust?

A few weeks ago in our blog, we discussed how to fund a living trust. To recap briefly, a living trust is basically a container with very specific instructions for how to handle the assets inside. If nothing is ever put inside the container, then the trust becomes useless. Many different types of assets...
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