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3 August

Issues with Joint Ownership with Siblings

Liran Aliav, August 3, 2020

It is very common for someone to own property jointly with a sibling. When children are involved, they are usually the beneficiaries of the parents’ estate. In a best case scenario, the estate that is left to the children is divided equally among the kids, which would include joint ownership of any real estate. However, things can get a little tricky when you consider what it means when one of those co-owners passes away. There is more than one way to hold a title jointly. Before you make any decisions regarding your estate planning, make sure you contact a trusted.

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5 March

Issues with Joint Ownership with Siblings

Liran Aliav, March 5, 2020

Today, let’s talk about joint ownership with siblings. So a lot of people own property with their sibling on title and because the sibling is on title they will ask, “What’s going to happen upon death “of one of the people that owns it?” Let’s just say it’s a two brothers owning a piece of property. One brother passes away, what happens? Well it all depends on how title is held. If title is held as joint tenancy or community property with right of survivorship, which it can’t happen because they’re brothers.  So in joint tenancy, the other brother will.

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  • Home
  • Services
    • Estate Planning
    • Probate / Trust Administration
    • Asset Protection
    • Real Estate Disputes
    • Minimize Nursing Home Costs
    • Minimize Estate Taxes
  • Blog
  • About Us
    • Why we are different
    • Meet The Founder
  • Contact Us
  • Start here
  • ESTATE PLANNING
    FREE CASE STUDY
  • ASSET PROTECTION
    FREE CASE STUDY