Too frequently people come to us and say, “I don’t know why I need to do any estate planning because my husband and I own everything jointly (otherwise known as joint tenancy).” Although joint tenancy is a powerful tool, many mistake it as a replacement for your family’s estate planning needs.
In this short video, Larry Parman shares what Joint Tenancy is exactly and, when used as a substitute for estate planning, its three major pitfalls that can come back to haunt your family.
Latest posts by Larry Parman, Attorney at Law (see all)
- Own Property Out of State? You Need a Living Trust - October 21, 2021
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