Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas including investing, insurance portfolio management, finance and accounting, personal investment and financial ...
If you’re planning on buying real estate with a friend, relative or business partner, you may consider a tenancy in common (TIC) agreement. This legal arrangement allows for shared ownership of a home ...
Q: My wife and I purchased a home over 40 years ago. The original deed is titled as John Smith and Sally Smith. This defaults to tenants in common in Georgia. Sally is my wife of over 50 years. We are ...
Q: My brother and I bought a rental house with the understanding that if one of us died, the other would get his half. We had the property titled as “joint tenants with right of survivorship.” Now my ...
I have often cited issues relating to holding real property as tenants-in-common as it relates to the probate process. As you may recall from my previous writings on this topic, when one or more ...
Q: You’ve written about married couples owning real estate as husband and wife and not as joint tenants. Isn’t that the same thing? Why is it better to own real estate as husband and wife and not ...
Q: My brother and I bought a rental house with the understanding that if one of us died, the other would get his half. We had the property titled as “joint tenants with right of survivorship.” Now my ...
Josh Patoka has been a personal finance writer since 2015. He uses his professional and personal experience to help families save money and pay off debt faster. In addition to Forbes, his bylines have ...
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