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Deemed to Be Part of Their Joint Estates and Considered Their Joint Property Form

Deemed to Be Part of Their Joint Estates and Considered Their Joint Property Form

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in this video we're going to talk about the good and the bad of joint ownership of property with your children hi i'm sarah cedentoff i'm an estate planning and probate attorney in atlanta georgia and we're going to talk about pros and cons of joint ownership with your children and first of all let's go ahead and get it out of the way children in this scenario i'm discussing are adults your adult children absolutely nothing good comes of jointly owning your property with a minor so there are no pros and cons there are just cons i was you know one point consulted by someone who had transferred their property to their minor children and suddenly needed to sell it and guess what you can't sell it because the child can't transfer the property so it was a big mess in order to actually get that done court would have to get involved you'd have to have a conservator appointed again big mess so in this scenario the children

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