Estate Planning & Consumer Rights Blog

I frequently get questions from my clients about how to avoid probate by retitling property.  If your desire is to avoid probate, a properly funded revocable trust can do that.  However, certain types of property ownership can also avoid probate.  There are three categories of property ownership – property titled in your name, in joint [...]

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MYTH:  Holding property in a joint tenancy arrangement is a cost effective way to avoid probate.
FACT: Holding property in a joint tenancy arrangement can avoid probate; however, there can be negative consequences to doing so.  The joint tenant has ownership rights in the property leaving the property subject to the joint tenants creditors.  For example, a house [...]

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