When you inherit property, such as a house or stocks, the property is usually worth more than it was when the original owner purchased it.
When two or more individuals own property — whether it’s a condominium, a home, or a piece of land — the relationship between the owners is very important.
Owning property as Joint Tenants with Right of Survivorship is easy, common, and often disastrous. Sadly, children – both minor and adult – are often disinherited. While there are several…