Joint tenancy is a type of shared property ownership. In a joint tenancy agreement, two or more people share an equal amount of ownership in the home. There are no limits to who can own the property ...

Sharing ownership of a property with another person (or persons) can be legally established in a number of different ways. One possible legal arrangement is through tenancy in common, which allows you ...

On the other hand, when a joint tenancy owner dies, their ownership interest is extinguished. It just stops. They no longer ...

Partition is the act of splitting. Think Moses and the Red Sea, dividing into parts. Partition in the legal context involves the dividing of lands held by joint tenants, or tenants in common, into ...

Last month’s column showed how adding a child or other nonspouse family member to the title of property as a joint tenant can create unintended consequences of deemed gifting for gift tax purposes. In ...

As parents age, families sometimes struggle with how to best keep their parents’ financial affairs in order. One common approach is for aging parents to put one or more of their children on their ...

Q: My wife and her mother invested $5,000 in a Fidelity Trend Fund in 1967 as joint tenants. The fund has grown to over $40,000.Her mother recently passed away and we want to move the fund to a ...