Titling property can be complicated
Posted: July 21, 2016
Titling property can be complicated when multiple owners are involved. It is very important to title property correctly, as discussed in the following U.S. News Article.
"How to Buy Property with a Spouse, Friend, or Business Partner
When buying a home or investment property with someone else, whether it's a spouse or your tennis partner, you have some important decisions to make. One of those is how you will hold title to the property.
The way you take title may determine what will happen if one person dies, if you're sued or if your relationship fails. That means you should give the decision some careful consideration before you close the deal.
The best choice for any individual property will depend upon your relationship with your partner or partners, your goals, your estate plan, whether the property is an investment or a personal residence and the laws of your state." Conitnue reading at U.S. News