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With Rights of Survivorship or Form

With Rights of Survivorship or Form

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when one or more individuals acquires title to real estate they can do so in a variety of ways most often when a married couple acquires title to property they do so as joint tenants with rights of survivorship and that phrase rights of survivorship essentially means that if one spouse passes away the surviving spouse who is also then the surviving joint owner becomes the sole owner by operation of law of that property same concept applies if there are let's say three joint owners with rights of survivorship one of them passes away the other two are left with an equal interest in the property okay i'm attorney jeff cooper i got a quick client story for you about some unintended consequences this is a married couple who got married later in life a second or subsequent marriage they actually acquired title to the property they purchased a house together prior to their marriage and what happened was they whether they did it intentionally or not possibly they did they did s

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