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 Transfer Severing Joint Tenancy 2023-2025

2023-2025 Form

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joint tenancy inheritance mistakes we see this all the time and I've mentioned it on several other videos where Mom has three children at every single family gathering mom tells the three children that she has put Sally the daughter as the joint tenant on her house the house he's living with in right now now never mind the possible capital gains consequences of doing that before you die that's that's a completely separate issue but let's just go on the fact that she left Sally as the joint tenant on this house and in every family gathering mom says Sally's gonna sell the house and split the money with you the problem is as soon as mom dies that house becomes 100 Sally's and she does not need to share it with anybody no matter whether there's a will or trust or anything else because it's in joint tenancy which trumps any other type of document so make sure you do it right

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