There are many ways to avoid probate in California - WITHOUT having to hire an attorney! In this article, we've outlined the top five most popular tools our clients use to avoid probate. Interested in which is right for you? Contact us today to learn more!
Many married couples and parents and children elect to hold property in joint tenancy. Joint tenancy is a great option for anyone looking to avoid probate. However, there are some downsides to this form of title; therefore, business partners and friends may be better off choosing an alternative.
Owning property together is just one of the ties that can connect family members. Often through inheritance family members suddenly have to deal with the unexpected consequences of jointly owned property. It is important to understand how real property title can affect who receives the property when an owner dies.
Joint Tenancy and Community Property With Right of Survivorship Explained The right of survivorship is an important legal right that allows property owners to keep property in the event of the co-owners death. Property held as joint tenancy, tenancy by the entirety, or community property with the right of survivorship automatically passes to the surviving [...]