Joint Tenancy

News & Analysis as of

Estate Planning: The difference between joint tenancy and tenancy in common

In ancient Egypt, people once believed that their property would accompany them upon death. However, in 21st century Canada, it’s no secret that one cannot take their real or personal property with them when they die. A Will...more

May 2014 Estate Planning Update: Dangers of Joint Tenancy

One of the most common goals in estate planning is to avoid probate. One way people try to avoid probate is by holding their assets jointly with another person. This is very common for a married couple who may own their...more

High Net Worth Family Tax Report, Vol. 8. No. 4 -- December 2013

IRS Explains Federal Tax Consequences of Windsor Case Regarding Same-Sex Marriages - In our last report (Vol. 8, No. 3, September 2013), we told you about the recent Windsor case, in which the Supreme Court held...more

Change in Legal Title From Joint Tenancy to Tenancy in Common was a Change of Ownership Within the Meaning of Proposition 13

A taxpayer challenged a county assessor’s reassessment of real property after the taxpayer transferred his joint tenancy interest to himself as a tenant in common. A court of appeal held that the property was subject to...more

4 Results
|
View per page
Page: of 1